jmallard Posted March 21, 2010 Report Share Posted March 21, 2010 Hi Everyone, I used to have a list of items that may be deducted on Schedule A when a person buys/re-finances a home. Could someone give me a clue as to which of the following items might be deductible: - Loan Discount - Bank of America - Credit Report to XX Credit, Inc - Flood Certification Fee to XX Flood Determination, Inc. - Tax Service Fee to XX Tax Service Corp - Lender Fee to Bank of American N.A. - Interest from 12/29/2009 to 01/01/2010 - Hazard Insurance - County Property Taxes - 6MO - Aggregate Analysis Adjustment to Bank of America - Settlement or Closing Fee to XX Inc. - Title Insurance to XX Inc. - Recording Fees - Mortgage - County Taxes to XX County Tax Collector - Principle Reduction due to Excessive Cash to Borrower to Bank of America Thanks. Jerry Quote Link to comment Share on other sites More sharing options...
Lion EA Posted March 21, 2010 Report Share Posted March 21, 2010 TTB 6-2 has a good chart. Quote Link to comment Share on other sites More sharing options...
jmallard Posted March 21, 2010 Author Report Share Posted March 21, 2010 TTB 6-2 has a good chart. Thanks for the reply. I'm sorry, but I don't know what TTB 6-2 means. Jerry Quote Link to comment Share on other sites More sharing options...
TAXBILLY Posted March 21, 2010 Report Share Posted March 21, 2010 TTB 6-2 The Tax Book, page 6-2. taxbilly Quote Link to comment Share on other sites More sharing options...
TAXBILLY Posted March 21, 2010 Report Share Posted March 21, 2010 This might help: http://www.titleaccess.net/hud.asp taxbilly Quote Link to comment Share on other sites More sharing options...
Lion EA Posted March 21, 2010 Report Share Posted March 21, 2010 I'm sorry, Jerry. I forgot which forum I was on! (Sometimes I forget which room I'm in at home.) Thank you, Billy, for explaining for me. Quote Link to comment Share on other sites More sharing options...
jmallard Posted March 21, 2010 Author Report Share Posted March 21, 2010 Thanks for the responses guys. Jerry Quote Link to comment Share on other sites More sharing options...
jainen Posted March 21, 2010 Report Share Posted March 21, 2010 >>Aggregate Analysis Adjustment<< How much did THAT cost you? Sounds like something you have to amortize over the life of your driveway. Quote Link to comment Share on other sites More sharing options...
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