Can I deduct the Origination Fee from my taxes if I bought the same year I refinanced?

Question by Questioner: Can I deduct the Origination Fee from my taxes if I bought the same year I refinanced?
I’m looking to refinance my mortgage that I started about 5 months ago. Will I be able to deduct the origination fee I payed on the original mortgage on my taxes?

Best answer:

Answer by Dawson
Nope. They are none deductible expenses. Sorry.

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2 Responses to Can I deduct the Origination Fee from my taxes if I bought the same year I refinanced?

  1. Caveat Emptor says:

    No. Only points, interest and property tax paid.

  2. tro says:

    sometimes the origination fee is considered interest and yes is deductible on your itemized deductions

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