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Are Mammoth Mortgage Points Deductible? PDF  | Print |  E-mail

Are mortgage points deductible?

If you are a Mammoth Lakes California 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 Mammoth Lakes California area home, but you must do so ratably over the life of the loan. Consult your tax or financial advisor.


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