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Q&A: Reporting interest paid on “seller carryback loans” to IRS?

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Question by insurancelawcase: Reporting interest paid on “seller carryback loans” to IRS? I found a property where owner is willing to finance the deal by caring a note “seller carryback” which is fine. But come end of the year how should I report to the IRS that I paid interest on the payments…since normal...
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