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Is a loan processing fee tax deductible 2024?
Questioner：Oliver Kim 2023-06-05 06:08:35
The most authoritative answer in 2024
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Amelia Taylor——Studied at Stanford University, Lives in Palo Alto, CA
The mortgage interest deduction reduces the tax burden for many homeowners. ... As such, you cannot claim a mortgage processing fee for a personal residence loan as a write off, although it may have value when you sell. These rules also apply to your California income taxes, since they generally follow federal law.read more >>+119962023-06-06 06:08:35
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