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Financial Planning / Tax Strategies


Subject:  Re: private loan - details, details... Date:  8/11/2004  9:02 PM
Author:  Fletch52 Number:  72817 of 127753

Lorenzo: I will answer part 1. I believe that if you provide the Name, address and social security number of person who paid the interest and put that on Schedule B that you should be OK.

I don't believe that any official reporting is required for part 2. It just needs to be clear who paid the interest and who received it.

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