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Are Mortgage Discount Points Write Off

Why Are Discount Points Eligible for an Income Tax Deduction?

There are still several income tax deductions available to the everyday taxpayer. Several years ago, all sorts of interest, including credit card interest, was available as an income tax deduction. During the overhaul of the income tax code way back in 1986, several popular deductions were eliminated. We’ll talk about some of them but it’s […]

Filed Under: General Mortgage Tagged With: Are Mortgage Discount Points Write Off, Income Tax Deduction Mortgage Points, Mortgage Discount Point Tax Deduction, Writing Off Discount Point on Loan

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904-342-5507
redd@coast2coastlending.com
Coast 2 Coast Mortgage Lending
125 B King Street
St. Augustine, FL 32084
Branch NMLS# 376205
Company NMLS: 376205 / CA 60DBO-139024
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© 2024 Coast 2 Coast Mortgage. For informational purposes only. No guarantee of accuracy is expressed or implied. Programs shown may not include all options or pricing structures. Rates, terms, programs and underwriting policies subject to change without notice. This is not an offer to extend credit or a commitment to lend. All loans subject to underwriting approval. Some products may not be available in all states and restrictions may apply. Equal Housing Opportunity.

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