Points Paid to Refinance a Mortgage on a Principal Residence

question 2

True/False

Points paid to refinance a mortgage on a principal residence are fully deductible in the year paid.

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Definitions:

Native Language Program

Educational initiatives or curricula designed to preserve, teach, and promote the use of indigenous languages among native populations.

Acculturation Approach

A method that addresses how individuals adapt to new cultural contexts, including assimilation, integration, separation, and marginalization strategies.

Deficit Beliefs

The perspective that individuals or groups are lacking in certain areas compared to a perceived norm, leading to disadvantages.

Cultural Insensitivities

Refers to actions or behaviors that show a lack of awareness or respect for other people's cultures and traditions, often leading to misunderstanding and offense.