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William Smith
Keller Williams Realty
229 Route 32
Central Valley, NY, 10917
Cell: 845-728-6162
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Lic. #: 40SM1053495
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are points deductible? | Print |

Are points deductible?

If you are a Orange County New York NY 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 Orange County New York NY 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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