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Contact Information
Olena M. Keene
First National Realty
6423 Summer Gale Dr
Memphis, TN, 38134
Office: 901-277-5324
Cell: 901-277-5324
Fax: 901-531-8084
Lic. #: 00289295
are points deductible? | Print |

Are points deductible?

If you are a Memphis 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 Memphis 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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