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A tax paid at loan closing based on the size of your mortgage loan.

2007-02-10 07:09:35 · 1 answers · asked by wwm 1 in Business & Finance Taxes United States

1 answers

It is based on the size of the loan, not the value of the property so it does not qualify as a property tax deduction. I can think of no other heading under which it would qualify as a deduction. It would be a bit of a stretch to turn them into points paid to the mortgage company.

2007-02-10 07:19:02 · answer #1 · answered by skip 6 · 0 0

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