Family Mortgages Come Under IRS Scrutiny
By EsqSocial Corporation 29/01/14
The IRS insists that i’s must be dotted and t’s crossed before the IRS will allow taxpayers to deduct mortgage interest on a “qualified residence.” If the formalities are not observed, the debtor may be denied a deduction while the creditor must...
By: M. Robinson & Company, P.C.