You'll need to sign in or create an account to connect with an expert.
No, a home loan is not considered income.
Sorry, I should of also probably included that this is from a ETF showing as an agency with percenatage as income from US government securities for my mutual fund.
@Sorakairi89 wrote:
Sorry, I should of also probably included that this is from a ETF showing as an agency with percenatage as income from US government secutirties for my mutual fund.
If the loan is secured by the property it is not income to be reported on your tax return.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
cnhowardcell
Returning Member
templeone05
Returning Member
sweetduckie1983
New Member
savvypumpkin
Returning Member
sfretty2012
New Member