are points deductible?

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Landmark Premier Properties Brian Janes --- Steve Eastin --- Briana Kelly 401 Arapahoe St / PO Box 111 Kiowa, CO, 80117 Office: 303-646-1171 Fax: 303-646-2332 landmark@landmarkpremier.com www.landmarkpremier.com Lic. #: 34343

are points deductible?

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Are points deductible?

If you are a 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 home, but you must do so ratably over the life of the loan. Consult your tax or financial advisor.

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