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Joe Spies
Messick Realty Group
Vancouver/Portland area, ,
Cell: 360 521 6761
Fax: 360 397 7954
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We have certain homes that owners will carry a contract
are points deductible? | Print |

Are points deductible?

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

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Last Updated ( Saturday, 22 November 2008 )
 
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