读了pub936， 好像loan initiation fee可以算作points来 deductible. The term “points” is used to describe certain charges paid, or treated as paid, by a borrower to obtain a home mortgage. Points may also be called loan origination fees, maximum loan charges, loan discount, or discount points.

又读了pub530，说是The only settlement or closing costs you can deduct are home mortgage interest and certain real estate taxes. You deduct them in the year you buy your home if you itemize your deductions. You can add certain other settlement or closing costs to the basis of your home.

Items added to basis. The following are some of the settlement fees and closing costs that you can include in the original basis of your home.

· Abstract fees (abstract of title fees).

· Charges for installing utility services.

· Legal fees (including fees for the title search and preparation of the sales contract and deed).

· Recording fees.

· Surveys.

· Transfer or stamp taxes.

· Owner's title insurance.

· Any amount the seller owes that you agree to pay, such as back taxes or interest, recording or mortgage fees, cost for improvements or repairs, and sales commissions.

但是这些好像不能deductible。 add to basis 和deductible不是一个意思吧，有点糊涂了。 有知道的姐妹们吗？谢谢。

Only mortgage interest and real estate tax can be deducted on schedule A. The other closing cost can be added to your basis of the house. So when you sell, you will have less gain.