Deductible Items in Purchase/Re-Fiance of Home

[jmallard]

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

[Lion EA]

TTB 6-2 has a good chart.

[jmallard]

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

[TAXBILLY]

TTB 6-2

The Tax Book, page 6-2.

taxbilly

[TAXBILLY]

This might help:

http://www.titleaccess.net/hud.asp

taxbilly

[Lion EA]

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.

[jmallard]

Thanks for the responses guys.

Jerry

[jainen]

>>Aggregate Analysis Adjustment<<

How much did THAT cost you? Sounds like something you have to amortize over the life of your driveway.