In 2009 I sent $3,500 to a loan modification company that was suppose to get my home loan modified. Unfortunately for me the company stole my money, went out of business and I never got my home loan modified.
Can I write off the money used to modify my loan? If so, where would it fall under on my 1040?
Thank you for all your help.
Yes, you can. It falls under the Topic 504 – Home Mortgage Points. Here’s a link with more details on where it falls http://www.irs.gov/taxtopics/tc504.html
You should have saved your money and do the loan Modification yourself. It’s a simple process.
Paul A
www.loankit.org
Hello
I am Sandy from canada have been a beneficiary from a broker called SAVILLS PRIVATE Finance, they are UK based and have proved themselves to me when I needed a raise. I can guarantee their service they give Unsecured loan. Its up to you to take this advice as I feel your pain when you talked about scam, so bad an experience to have. Well if you wish you can give it a try. Their email savills.financier@live.com if you have any question you can contact them through their mail address
Have a nice day
Sandy
References :
Yes, you can. It falls under the Topic 504 – Home Mortgage Points. Here’s a link with more details on where it falls http://www.irs.gov/taxtopics/tc504.html
You should have saved your money and do the loan Modification yourself. It’s a simple process.
Paul A
http://www.loankit.org
References :
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