Can I deduct Mortgage alteration fees?

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» Can I deduct Mortgage alteration fees?

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Feb 16, 2008, 02:31 AM

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zuzannakk is offline

Join Date: Jan 2008

Posts: 4

Can I deduct Mortgage alteration fees?

Hi! I paid $495 to my lender to alter my home mortgage, can I deduct that amount from my taxes and if so, where does that fall under?

THANK you!!

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Feb 29, 2008, 11:54 AM	#2

AtlantaTaxExpert Tax Expert Join Date: Feb 2005 Location: Atlanta, Georgia Posts: 10,021	You can deduct it if the fee is liste under LOAN ORIGINATION FESS or POINTS on the HUD Form 1. Otherwise, no!

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