Deductions & credits


@jim-strine-gmail wrote:

What is it about a down payment of $150,000 that stirs suspicion?


The fact that it is fully half of the total purchase price. 

 

Earnest money is typically nowhere near 50% of the purchase price of a piece of property. It is more in the range of 5-20%.

 

You really do need to consult with a local professional.