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choufleur_gw

Tax Deduction - Origination Fee on Refinance

choufleur
20 years ago

Paid an origination fee when I refinanced my 30-year mortgage this year. Thought I read somewhere that you can only deduct 1/30th of the origination fee each year on a 30-year mortgage refinance (or 1/20th on 20-year, etc.). Thanks for your feedback.

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