We recommend you speak to your Licensed Tax Professional or CPA to advise you when it comes to this.

You can deduct the points to obtain a mortgage or to refinance your mortgage to pay for home improvements on your principal residence, in the year you pay them, if you use the cash method of accounting. This means you report income in the year you receive it and deduct expenses in the year you pay them. (Source: IRS <- click to open)

I purchased a rental property last year. What closing costs can I deduct? Answer - Source: IRS <- click to open