Points Deductible
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Question: are closing cost deductible for buyers?
are points, lender fee, attorney fees, home inspections fee deductible for buyer?
Answer: Yes, but only percentage of the origination fee is deductible for the life of the loan. You need to check on the other fees that you may be able to write off.
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Home Sweet Homeowner tax Breaks
Congratulations, you’ve just taken another step up the American-dream ladder and are a homeowner. Along with the joy of painting, plumbing and yard work, you now have some new tax considerations.
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