[Magdalen] hellooooooo

[ME Michaud]

It's nearly alllll interest, you know.
-M

On Fri, Oct 24, 2014 at 1:36 PM, Mahoney, W. Michael <wmmah at stoneledge.net>
wrote:

> On Fri, Oct 24, 2014 at 12:15 PM, ME Michaud <michaudme at gmail.com> wrote:
>
> > You'd have to declare their mortgage payment as income,
> > but the tax implications would be offset by your mortgage payment
> > on your condo.
> >
>
> Doesn't sound right.
>
> I bet that only the interest earned is taxable.
>
> Mike M.
>