Deducting points paid for mortgage on investment property

[Lyle Cooper]

I paid points up front to lower my mortgage rate on an investment property. Where on Turbo Tax can I deduct the points?  Can I take the points in one year or do I need to spread it out over the life of the loan?

Also I paid for a bank appraisal fee.  $660.  Where can I deduct that?  I read I cannot add that to the basis of my property.  Is it possible to deduct it as a Real estate startup cost.  I think I need to make a section 195 selection to deduct startup costs.

This expenses were for the purchase of my first investment property.

Thanks!