It is a loss. What would make it not tax deductible?
2007-11-03 06:53:57 · 2 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
More details, please. I'm not sure what you are asking. Are you the mortgage lender? And who or what is "CFC?"
2007-11-03 07:13:19 · answer #1 · answered by Bostonian In MO 7 · 0⤊ 0⤋
No, loan money ought to be revoked. everybody that has ever long previous in direction of the approval approach of having a loan has worked long adequate and complicated adequate to justify the fee of a built habitat numerous cases over, and the insertion of a few third party supervisory dispensary of organic human habit, that neither produces nor gives you by way of provider something of quantifiable cloth substance yet imposes an entire life risk of punitive deprivation to extract the vast majority of all fee the sufferer ever produces is an exercising in absurdity that defies mind's eye. Tax 'deductible' 'loan' money? you're conversing esoteric jargon that corresponds to no organic actuality, and that's the way we've been given into this mess. Intelligence is the way out, continuation of esoteric jargon and perception in the precis innovations it represents is the way deeper in.
2016-12-30 16:39:37 · answer #2 · answered by geise 4 · 0⤊ 0⤋