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by vicmen123
Mon Sep 10, 2018 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Father Wants a Home Mortgage (Bad Credit Score)
Replies: 43
Views: 3386

Re: Father Wants a Home Mortgage (Bad Credit Score)

I think your Grandfather has some explaining to do. He received $78,000 from your father - how did he reflect this on his tax return . If he ignored it, it would lead me to conclude that he recognized these as valid loan payments. If he listed these payments on Schedule E, then he recognized these a...