mortgage interest deduction
Many ancillary costs that accompany the granting and signing a loan agreement added to interest expense, it can lead to reductions, few know that this deduction usually be quantified with the amount of a mortgage payment (up to a maximum of 687 €). We will go and then actually to pay 11 installments each year, the twelfth is in fact corresponds to the tax deductibility of interest expense paid on the loan itself and the other charges that we have faced to turn it on.
Regarding allowed to deduct the costs are:
- Interest paid annual mortgage
- The attorney fees paid for the signing of the loan (not for sale)
- The costs of expert
- expenses investigation
- Insurance costs incidental as accident insurance (but not on the building)
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