The term “points” is used to describe certain charges paid to obtain a home mortgage.
Points may be deductible as home mortgage interest. If you can deduct all of the interest on your mortgages, you may be able to deduct all of the points paid on the mortgage.
You can read more home mortgage points deductions here.
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Clay MADISEN is a full time real estate broker and REALTOR® with 18 years of experience in the San Diego market.
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