Updated almost 3 years ago on . Most recent reply

Redemption interest question
I wasn't sure how to search this, so I thought I'd just ask here...
When figuring out an amount required for a taxpayer in AL to redeem directly from me is it customary to figure in interest for "use of money" on expenses incurred during the time I held the certs? If so, what is the proper rate to figure at? I know the 12% rate is too high.
Thanks!