In this blog post, we’re going to cover something called IRS Form 1098. This form comes into play for anyone who is selling properties via owner financing, and more specifically, If owner financing is “in the normal course of the seller’s trade or business”. If the seller is receiving $600 or more in interest payments from an individual borrower […]
The post What the Heck is “IRS Form 1098” and Why Does it Matter? appeared first on REtipster.com.
from
http://retipster.com/irs-form-1098/
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