Prepaid mortgage interest on commercial property:
1)is deductible in the same pattern as construction-period interest.
2)with certain restrictions, is deductible in the year paid.
3)can never be deducted.
4)none of the above are true.

Question

09-07-2024
Business

Answered

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Prepaid mortgage interest on commercial property:
1)is deductible in the same pattern as construction-period interest.
2)with certain restrictions, is deductible in the year paid.
3)can never be deducted.
4)none of the above are true.

Sagot :

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