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@prkwork wrote:

You provide very good information and it helps me going forward. However, my question essentially is whether the fees associated with refinancing (excluding points), if paid out of the new mortgage, are considered part of acquisition debt. I am assuming that they are not.

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Not in my opinion.  The proceeds are not used to buy, build or substantially improve the property.  In many cases part of this ends up being cash-out because they fund a new escrow account for taxes/insurance and then after the old mortgage is paid off, the old bank refunds the old escrow balance.