I purchased a rental property in January and paid off the full balance before year end. I cannot figure out what to do about the lender credit for closing costs. The HUD-1 does not call out specific fees that were paid, just a lump sum along with a smaller seller credit. How and where on the tax forms do I enter this lender credit? There are some costs that I assume against cost basis (ex title charges) and others that could be written off as an expense (loan fees) but how to apply the credits?