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Are points deductible?

If you are a Jacksonville and Orange Park FL 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 Jacksonville and Orange Park FL 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 ( Thursday, 04 September 2008 )
 
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Kim Dove
Watson Realty Corp.
Office: (904) 962-8404
Cell: (904) 962-8404
Fax: (904) 212-0148
Lic. #: SL3137324

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