So confused about mortgage int. limitation

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  • DTS
    Senior Member
    • Jun 2005
    • 1852

    #1

    So confused about mortgage int. limitation

    Can anyone refer me to a good site or book I can get so I can learn this mortgage interest limitation? I am trying to incorporate this into my clients files and keep track of it all. I have read all I can, talked to several colleagues, etc. They are in the same boat I am.

    I am just not getting the info I need so I can prepare this.

    I am really confused and have about 50 questions I need answered!! The more I read and try to figure, the more confused I am. I don't think I am the only one that is.

    I sure would appreciate some guidance, if anyone can help.

    Thank you,

    Dennis
  • veritas
    Senior Member
    • Dec 2005
    • 3290

    #2
    Give us an example

    of one that is causing you difficulty.

    Comment

    • S T
      Senior Member
      • Jun 2005
      • 5053

      #3
      Example

      Yes, Dennis,

      Post your example!

      The client that refied his personal residence,

      and also appears to have

      pulled money from his rental.

      Sandy

      Comment

      • DTS
        Senior Member
        • Jun 2005
        • 1852

        #4
        Example

        I will put one together and post it. I can't right now, maybe this weekend.

        Thank you for your offer, I'll get it up here.

        Dennis

        Comment

        • S T
          Senior Member
          • Jun 2005
          • 5053

          #5
          Questions

          Dennis,

          You state you have 50 questions,

          So just start with the first 10 questions,

          and lets see if we can answer them

          Sandy

          Comment

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