prkwork
Level 4
04-06-2023
05:04 PM
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I really don't know why no one can just say "yes" or "no" and then cite the regs. So, I'll state the conclusion clearly: Fees (other than points) incurred in refinancing do not quality to be added into acquisition debt. Consequently, the presence of such non-acquisition amounts require a proration of the interest incurred on the new debt so that only the portion related to acqusition fees is deducted.