Loan Tax Fees

[Eduardo Linan]

hello guys,

I have been a home builder for a private part, but now in launching my own business on San Antonio, TX.

As a home builder i recently received a loan. My questions are the following:

If i got a balloon repayment loan i would be making monthly payments of $1566.24 (12months) plus $9,000 of interest.

At the end of the year when I do my taxes can i count the interest that i paid as an expense? So i dont get taxed for that amounth?

Thank you