Mortgage interest is a legitament business expense. It would be reported on your Sch C if the property is purchased in your own name.
markmonroe, This very question has been discussed thoroughly just recently. Follow this link. http://www.thecreativeinvestor.com/ViewTopic20379-23-18.html
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Mortgage interest is a legitament business expense. It would be reported on your Sch C if the property is purchased in your own name.
markmonroe,
This very question has been discussed thoroughly just recently.
Follow this link.
http://www.thecreativeinvestor.com/ViewTopic20379-23-18.html