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Updated over 9 years ago on . Most recent reply

User Stats

5
Posts
4
Votes
Dan Gabrielli
  • Raleigh, NC
4
Votes |
5
Posts

Seller financing are Amortization schedules Required each year?

Dan Gabrielli
  • Raleigh, NC
Posted

I owner financed a deal and never realized I might need to send an amortization schedule each year. Is there a law or some kind of requirement that one be sent to the borrower each year? I send 1098's but thats it.

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