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Tax, SDIRAs & Cost Segregation

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Nick Lee
  • Investor
  • Chorley, Lancashire
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82
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Is seller finance tax deductible?

Nick Lee
  • Investor
  • Chorley, Lancashire
Posted Apr 29 2015, 00:49

Hi Guys,

If I buy a deal with seller finance can I deduct the interest payments as I would with a standard mortgage?

I know you should not count this phantom income and I will not factor this in to anything. Just wondered if it is a deduction?

Look forward to your replies

Nick

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