Which of the following statements is false?

A.Under IRC107 ministers of the gospel may exclude from their gross income the portion of their salary designated as a housing allowance so long as it is all spent for either rent or expenditures related to owning a home (i.e. mortgage payments, taxes, insurance, repairs, etc.).

B.Because ministers may exclude their housing allowance from gross income, ministers of the gospel may not also deduct residential mortgage interest because to do so will result in a double tax benefit.

C.Payments on non-redeemable ground rents on a residence arenot interest and are nottax deductible.

D.Redeemable ground rents exist where the economic substance of the lessor's lease interest is primarily a security interest to protect the receipt ofrental payments, Such payments are generally treated as interest payments and are subject to the rules on qualified mortgage interest.