Scott Schreyer
Pinnacle Quest
2169 Debeers Dr, Sandy, UT84093
Scott SchreyerO: (801) 554-7285C: 801-554-7285

Today's News and Features

Q: Are seller-paid points deductible?

Friday, May 27, 2016

A: For the buyer, yes, but not the seller – even though the seller pays them. Since January 1, 1991, homebuyers have been able to deduct points paid by the seller whereas, previously, they could only deduct the actual points they paid on the home loans themselves.

 

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