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Are fees associated with mortgage application tax deductable?

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Anonymous
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Are fees associated with mortgage application tax deductable?

I would like to deduct the fees such as: application, appraisal and other closing cost
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ShanetheMortgageMan
Super Contributor

Re: Are fees associated with mortgage application tax deductable?

Some fees on the closing of a mortgage are tax deductible, like origination/points and pre-paid interest.  Most are not though.  I'd recommend you consult with your tax advisor on which fees are tax deductible in your specific situation, much better than getting tax advice over the internet, additionally none of us (unless are a licensed tax professional) can legally give you tax advice.
 
 
Is some good reading.
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