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Updated about 4 years ago on . Most recent reply

User Stats

5
Posts
1
Votes
Rich Ruelas
  • Investor
  • Fullerton, CA
1
Votes |
5
Posts

PRIMARY LOAN TAX QUESTION

Rich Ruelas
  • Investor
  • Fullerton, CA
Posted

I am obtaining a HomeStyle Renovation Loan from via Fannie Mae. The costs are a little higher than other loans I have been quoted but the circumstances require this type of loan for me.Does anyone know if I will be able to write off the closing costs associated with this loan when filing for taxes? Or would it be about the same amount if I were to obtain a different type of loan to purchase? This is an investment property.

Thank you,

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