Can I amortize/depreciate “junk fees” on a mortgage for a rental property?
by Mortgage Rates on Thursday, September 23rd, 2010 | 2 Comments
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The webguide http://mortgagehelp.assistancecenter.info
has highly useful info on mortgage and home financing.
You can get all your doubts clarified from the site.
Check it out. Good luck!
Purchase acquisition costs are part of your purchase basis and depreciated ratably to land & building.
If you have any other questions, or need assistance, please contact me via my website http://www.slarson.com/contact or email me directly at Steve@SLarson.com