U.S. Net News » Commercial Loan http://www.usnetnews.com Search and browse news sources, updated multiple times throughout the day Thu, 24 Dec 2009 21:12:52 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Can I deduct a business mortage payment or only the interest and why? http://www.usnetnews.com/2009/01/09/can-i-deduct-a-business-mortage-payment-or-only-the-interest-and-why/ http://www.usnetnews.com/2009/01/09/can-i-deduct-a-business-mortage-payment-or-only-the-interest-and-why/#comments Fri, 09 Jan 2009 07:00:00 +0000 admin http://www.usnetnews.com/2009/01/09/can-i-deduct-a-business-mortage-payment-or-only-the-interest-and-why/
tru_belle asked:


I need to know if I can deduct the mortage payment on a business. Our business mortage is a commercial loan and only the business is on it. Or, is only the interest on the business deductable. If so, would it be in our best interest for the business to rent from us this year?

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