Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.2 9/5/84; site olivee.UUCP Path: utzoo!watmath!clyde!cbosgd!ihnp4!mhuxn!mhuxr!ulysses!allegra!oliveb!olivee!gnome From: gnome@olivee.UUCP (Gary Traveis) Newsgroups: net.taxes Subject: Re: taxes & home purchase Message-ID: <455@olivee.UUCP> Date: Wed, 14-Aug-85 13:32:01 EDT Article-I.D.: olivee.455 Posted: Wed Aug 14 13:32:01 1985 Date-Received: Sat, 17-Aug-85 16:15:04 EDT References: <10951@rochester.UUCP> Organization: Olivetti ATC; Cupertino, Ca Lines: 14 > From: Hans Koomen> > Can anyone give me any info or pointers to reading material on the > fiscal implications of (first time) home purchase? Not just mortgage > interest deduction, but things like (which part of) closing costs, > property taxes held in escrow, etc. > > Thanks a Meg. Please reply to me. If quantity warrants, I'll summarize. > > -- Hans or <{seismo,...}!rochester!koomen.UUCP> One thing I can recommend is to pay any/all points with a separate check (not as part of the downpayment). That way, you can take it off your taxes as a home-buying expense.