Originally posted by Prince
here is my question, maybe someone will be nice enough to answer:
I refinanced my house twice last year, can I write off any of the refinance charges?
If so, which charges/costs can I write off?
(this is MBC)
sorry, but I've been really busy at work lately....
let's see.... Generally you can only deduct taxes and interest. Some of the other stuff you may be able to add to the basis of your house so later, when you sell it and buy a house worth more, you won't have as big of a gain.