When I used turbo tax, i were asked to input points by tax software. but I don't know the exact rule/caculation of this.

Transfer tax, in our state , both buyer and seller need to pay 1%of the final sale price of the house. But I researched over internet and find nowhere in tax software to enter this big amount of money. In chinese, it's 过户费. Say you will be the owner of the title of the house.

thank you very much! 给你10块钱

broker origination fee (1%) 和 lender origination fee都算 points 吗？

Disclaimer ---

Any specific questions should be directed to your tax professional.

以上意见纯属个人观点, 贪玩而已. 话一出口, 概不负责.

如果你对我的回答有质疑, 请到下列网站找正确答案---

税 --->IRS , 一切以publication为准,

投资常识 ---> SEC , NASD,

投资数据 --> Morningstar,

保险 ---> 各州insurance department,

Financial planning ---> CFP

 
我不推荐投资公司的出版物. 此外, 每家公司有不同的compliance标准, 过往的经验不代表现在的经历. 在patriot act实行以后, 有些表格和条款是必须的…

Thanks!

By the end of the year you purchased the house, you will get a statement from your mortgage company. and it specifically written how many points you have paid. So don't worry. Just follow the software.

In my case, I feel like it's not counted for both broker origination fee (1%) 和 lender origination fee.But I really didn't find any answer for this.

谢谢各位。

I paid alot broker origination fee (1.5%) and lender origination fee (1%)

看来都没戏啦，哈哈。

好在老子有的是钱

the definition of "points" is P145 mentioned about loan origination fee,

请问 loan orgination fee 和 "broker origination fee " and "lender origination fee" 有什么区别，

"broker origination fee " and "lender origination fee" 不能deduct，是因为他们属于service fees, 不是for secure the loan的，是吗？

实在抱歉各位，我琢磨了半天也不知道怎么给你们金钱表示表示。

[此贴子已经被作者于2007-4-11 15:44:08编辑过]

you are lucky. your loan orgination fee is deductable.

I didn't pay transfer tax, however.