Treatment of Loan amount in zero cash flow property investment
How will the principal amount of the loan will get reduced every year in the books of the owner of zero cash flow property as the tenant is paying the mortgage payments directly to lender. what is the JE? Investors can deduct interest and depreciation expense, but what happens to the loan amount will it keep increasing every year as the interest entry is crediting the loan. what happens to the loan in owners books when the loan is paid off completely by tenant?
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