I need to calculate the reportable and deductible interest on an intra-family loan. Here are the terms:100,000 loan @ 5% for 20 years. No payments for the first 5 years, interest accrues and added to principal. Payments begin in year 6. How much is interest and you much is principal for each year until loan paid off? I can calculate the payments for a loan without the initial time delay.Any help greatly appreciated!Terry
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