What kinds of refinancing costs can I deduct?
Updated: 1/21/2013
Article ID: IAS10336
When you refinance, you can deduct mortgage interest, real estate taxes, points (deductible over the life of the loan) and private mortgage insurance (only the amount allocable to the current year) if you itemize deductions.
If you paid points on your original mortgage you can deduct the remaining amount in full assuming the new loan is with a different lender.