Question
Mortgage costs amortization
I have been amortizing mortgage costs of a refinance and in current year they refinanced again so I would like to write off the remainder of the mortgage costs still not amortized yet of the old loan.
Where would I indicate this? I tried to put a date of refinance in the date of disposition box but it is still just calculating regular amortization for the current year.
Any advice would be greatly appreciated.
Thanks.
