TaxMamas TaxQuips: Tax Quips

TaxMamas TaxQuips: Tax Quips


Two Mortgages

January 27, 2011

Today TaxMama hears from Seth in the TaxQuips Forum, with this question. “In order to qualify for my mortgage in 2009, I needed to put down 20% of the purchase price of my house. I only had 5% to put down. Therefore, I got another loan to cover the re