TaxMamas TaxQuips: Tax Quips
Reverse Mortgages
October 31, 2012
Today TaxMama® hears from Dave in the TaxQuips Forum, with this question. “How do we deduct interest on a reverse mortgage?â€
Dear David.
You don’t.
In a reverse mortgage, the homeowner isn’t paying any interest. They are receiving
Los Angeles, CA
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