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Updated about 12 years ago,

David Repinski's profile image
David Repinski's profile image
David Repinski
  • from Muskego, Wisconsin
  • Member since Dec 31, 2012
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David Repinski's profile image
David Repinski's profile image
David Repinski
  • from Muskego, Wisconsin
  • Member since Dec 31, 2012
Connect
David Repinski
  • Muskego, WI
0
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4
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General Landlording & Rental Properties

Failed mortgage on rental property(IRS expenses?)

David Repinski
  • Muskego, WI
Posted

In May of this year I had a failed attempt at securing financing for a mortgage on a rental property. I ended up paying cash and then refinancing two months later. The question is about the cost of the failed mortgage. Can I deduct these costs on Schedule E and what line would I enter these expenses?

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