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Tax, SDIRAs & Cost Segregation

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Brad Z.
  • Investor
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132
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Recording Mortgage Payments

Brad Z.
  • Investor
Posted Nov 10 2009, 01:39

I got to thinking about mortgage payments and how they are recoreded for tax purposes (P&L). Is just the interest portion tax deductable or the entire payment? Do you record your entire mortgage payments monthly as expenses or just enter the interest paid from the tax form at the end of the year as a deduction?

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