Me and My wife purchased a new house in late 2006, we have already received the mortgage interest notice from the Mortgage Company. However, we also received a mortgage interest statement for the company that closed the loan. Here's the deal, the company that closed the loan isn't the company that currently holds the loan. What should I do? I'm not quite sure on how to report the interest from the closing company. Thanks for the help in advance.
2007-02-04 09:40:27 · 2 answers · asked by ropingbanker25 1 in Business & Finance ➔ Personal Finance
Did you receive a form 1098 (mortgage interest) or just the closing statement and the mortgage company. Report the interest that is on the closing statement and the interest that is report on Form 1098 and be sure the 1098 doesnt already include it.
2007-02-04 09:43:46 · answer #1 · answered by hirebookkeeper 6 · 0⤊ 0⤋
you just add both of them together and report it as interest that been payed.
2007-02-04 17:44:37 · answer #2 · answered by george 2 6 · 0⤊ 0⤋