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Question 4 (2 points) How should loan points on a commercial mortgage be accounted for under IRS rules? They should be amortized over the life

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Question 4 (2 points) How should loan points on a commercial mortgage be accounted for under IRS rules? They should be amortized over the life of the loan They should be capitalized and deducted upon termination of the partnership They should be expensed in the first year They should be amortized over a period of not less than 60 months Previous Page Next Page Page 4 of 23

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