Reply
 
Thread Tools Display Modes
  #1  
Old 04-07-2011, 08:32 AM
plmnjko plmnjko is offline
Member
 
Join Date: Mar 2011
Posts: 55
Default Property Tax and Loan Origination Points
Well ,my cousin was purchased a house last year. On the HUD-1 closing statement line 211 is $542 for property tax for 7/1-9/14.

On his 1098 from his home loan box 5 property tax is $1266.

The total property tax bill was $2532 and shows $1266 was paid Dec 2010.

Question: Is the HUD-1 $542 included in the 1098 $1266? Or can he claim them both separately?



On his HUD-1
Line 801 Origination/Points $4666
Line 802 Origination Discount -$2878
Line 803 Adjusted Origination $1788

None of these listed on any 1098.

Question: Can he claim anything for Origination/Points? Which number Line 801 or 803?

Thanks
Reply With Quote
  #2  
Old 04-16-2011, 07:53 AM
kinah3 kinah3 is offline
Senior Member
 
Join Date: Dec 2010
Posts: 131
Default
I think they are coming to toronto again <3 I will deff be seeing them again!
__________________
check this store you can buy things with a very cheap price

To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.


To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

 
Latest Threads
- by Brients

Advertisement



All times are GMT. The time now is 01:51 PM.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2020, vBulletin Solutions, Inc.