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Rick and Claudia live in an apartment and have purchased land where they plan to build their home. They have a mortgage on the lot
Rick and Claudia live in an apartment and have purchased land where they plan to build their home. They have a mortgage on the lot and have received a Form from the lender showing the interest paid on the note. Interest paid on this loan is deductible as home mortgage interest on their Schedule A
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
9th Edition
125972266X, 9781259722660
