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Old 01-17-2011, 12:52 PM
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Join Date: Jan 2011
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reporting about personal loan interest

Hello,

My dad loaned me $400K to buy my second house which will be used as rental property only. There is NO mortage on the house. We have written a promissory note which includes the interest I pay him every month.
Where can I report about the interest I paid him for this personal loan in 2010?

Thank you,



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