Overhaulin'

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Summary: costs , discount points, and pre-paid items such as per diem interest, escrows and tax pro-rations. Again, seller-paid points are tax-deductible. Deducting Loan Points Paid on a Refinance If you refinanced in the last year, you may be able to deduct any points you paid to buy down the mortgage rate . These points must be deducted proportionately over the life of the loan. For

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