Deductibility of break fees paid by a landlord to exit early from, or vary the interest rate of, a fixed interest rate loan, or to exit early from a fixed interest rate loan on sale of a rental property.
The rulings consider the deductibility of mortgage break fees landlords pay to exit early from fixed interest rate loans or vary interest rates.
BR Pub 12/01
BR Pub 12/02
BR Pub 12/03