earlapplebytax
Level 1
12-07-2019
09:36 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Solved! Go to Solution.
Labels
George4Tacks
Level 15
12-07-2019
09:36 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
R E V E R S W E M O R T G A G E.
Here's wishing you many Happy Returns
TaxGuyBill
Level 15
12-07-2019
09:36 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I was thinking the same thing. :smile:
George4Tacks
Level 15
12-07-2019
09:36 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I think I will go stand in the corner.
Here's wishing you many Happy Returns
Here's wishing you many Happy Returns
abctax55
Level 15
12-07-2019
09:36 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
E G A G T R O M E W S R E V E R
"*******Tax software is no substitute for a professional tax preparer*******
( Generic Comment )"
( Generic Comment )"
abctax55
Level 15
12-07-2019
09:36 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
@earlapplebytax - I suggest you try Google for a *larger* explanation of what a reverse mortgage is, and what the tax consequences are.
I "assume" you are asking about tax issue, as this IS a forum for professional tax preparers.
I "assume" you are asking about tax issue, as this IS a forum for professional tax preparers.
"*******Tax software is no substitute for a professional tax preparer*******
( Generic Comment )"
( Generic Comment )"
George4Tacks
Level 15
12-07-2019
09:36 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Wilford Brimley
Tom Selleck
Fred Thompson
Henry Winkler
Jerry Orbach
Robert Wagner
David Spade
James Garner
All of these tell me that it is a money maker. I had a friend loose there home to a reverswe mortgage. Definitely a not so good way to spend the kids inheritance.
Here's wishing you many Happy Returns
Tom Selleck
Fred Thompson
Henry Winkler
Jerry Orbach
Robert Wagner
David Spade
James Garner
All of these tell me that it is a money maker. I had a friend loose there home to a reverswe mortgage. Definitely a not so good way to spend the kids inheritance.
Here's wishing you many Happy Returns
sjrcpa
Level 15
12-07-2019
09:36 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Alex Trebeck, too
Ex-AllStar
Ex-AllStar
IRonMaN
Level 15
12-07-2019
09:36 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I hate to correct you, but those folks sell reverse mortgages. I have never seen one of them selling the reverswe kind ---------------- even they have limits as to what they will peddle :open_mouth:
Slava Ukraini!
Slava Ukraini!