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are points deductible?

Posted by RCPAP on January 8, 2016
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Are points deductible?

If you are a Dallas Georgia Homes & Rockmart GA Homes buyer, and you or the seller pays points, they are deductible for the year in which they are paid only. You also can deduct any points you pay when you refinance your Dallas Georgia Homes & Rockmart GA Homes area home, but you must do so ratably over the life of the loan. Consult your tax or financial advisor.

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