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Ricardo Said:

I bought home last year. I wonder what expenses from my escrow closing statement are tax deductable?

We Answered:

All of those fees are added to the cost (cost basis) of the home. That means that when you sell, you will have less of a taxable profit - although none of it will probably be taxable. (Unless they change the tax laws) They are not deductible.
So save that stuff for the future.

However, you can write off the interest you paid and points (if it is not on a 1098 Form already) and the property taxes paid, as you already noted.

This IRS should be mighty helpful:
(It is IRS Pub 936, Home Mortgage Interest Deduction)

http://www.irs.gov/pub/irs-pdf/p936.pdf

And this is an easy read:

http://www.countrywide.com/purchase/hb_t…

Congratulations on the purchase of a new home!