Posted on: 05th Jan, 2011 08:44 am
OUR SON COULD NOT GET A MTG WITHOUT US CO SIGNING SO WE FINANCED HIM AT THE RATE OF 4.375. NOW HOW DO WE SEND HIM AN INTEREST STATEMENT FOR HIS TAXES, AND HOW DO WE WRITE THIS OFF? IT WAS ONLY FOR 2 MONTHS, NOV. AND DEC.
Hi DEBBIE!
Welcome to forums!
This is a private loan. You should contact an attorney and/or tax adviser and he will guide you as to how you can send him the interest statements and write it off.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
This is a private loan. You should contact an attorney and/or tax adviser and he will guide you as to how you can send him the interest statements and write it off.
Feel free to ask if you've further queries.
Sussane