chiefkf8239 chiefkf8239

16-11-2017
Business

contestada

How are the discount "points" associated with financing an income property handled for tax purposes?

Respuesta :

25-11-2017

All the costs that are part of financing the property are amortized over the life of the loan. Any costs that are still remaining if and when the loan is paid off can be fully deductible for the year that the loan balance reaches zero.

Answer Link

Otras preguntas

Combustion reactions are characterized by the reaction of a substance with

question stated in photo

Select the correct answer. What is the most important reason for citing a source when quoting it directly? O A. to give credit to the source OB. to make your wo

How does Newton's first,second,and third laws apply to you eating your breakfast

African men were given the right to vote , However what were some major problems with this ?

Please help me pleaseeee

Tiffany is solving an equation where both sides are quadratic expressions. She sets each quadratic equation equal to y and graphs the resulting system. If the g

5. Pure water can be described as........... (Check all that apply) Mixture Pure substance Element Compound Heterogeneous mixture Homogeneous mixture

Which sentence best expresses the author’s viewpoint about life in the woods in "Solitude"? Living in the woods is like living on another planet. Everything abo

What kind of things do you think filmmakers must consider when shooting a film? If you have ever shot a film or recorded a video on a smartphone, what kinds of