Where do I post refinance cost on rental property?

[crgw2015]

Where on the rental property schedule E do I enter refinance costs fees?

[Just-Lisa-Now-]

Enter them on an asset worksheet, Amortizable Intangibles Code L, I use IRC 446 (most loan fees), then scroll all the way down to the bottom of the worksheet and input the length of the loan.

[abctax55]

And don't forget about the prior capitalized loan fees (if there were any, and if the refi is with a different lender...)

[Just-Lisa-Now-]

I wish PS had an easy one click option to expense those old ones!

[crgw2015]

Thank you for your answer.   I am going to try that.  I live in California.   Northern California.

My name is Cathy

Than you 

[crgw2015]

Ok  refi was with a different lender

Thank you

Cathy

[Just-Lisa-Now-]

Im in NorCal, Sonoma County!

[crgw2015]

Ok tried that.  On the rental property that the owner lived in gave him more of a refund.  On the rental property it showed up as more $ in depreciation.  I hope that is correct.  Hopefully I did it correct.

I live in Mendocino next door.

Thank you

Cathy