Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Why in the cash flow statement report there are few items all relates to Mortgage payment?

April 26, 2017Cash flow items mortgage payment report

0

Posted

Why in the cash flow statement report there are few items all relates to Mortgage payment?

1 Answer

0

Posted

A. In the cash flow statement report there could be 1, 2 or 3 lines that relate to the client mortgage: i. The fully tax deductible mortgage interest. ii. The Not Deductible expense for interest on mortgages over $1,000,000. iii. The principle portion listed under Liability Liquidation.