- Joined
- Aug 29, 2007
- Messages
- 12
Hi Dan,
Thank you for the response.
The information was helpful.
I don`t think I am going to claim the interest that I an paying for Income Tax purposes. My tax situation in complicated enough already.
Just one more question though. Would the interest that my relative was required to charge me be on the entire amount of the loan or just the interest on the interest that I paid?
Chris
Thank you for the response.
The information was helpful.
I don`t think I am going to claim the interest that I an paying for Income Tax purposes. My tax situation in complicated enough already.
Just one more question though. Would the interest that my relative was required to charge me be on the entire amount of the loan or just the interest on the interest that I paid?
Chris