The mortgages were taxable?
Hello, I was not too sure about this appointment at the top of my head, so I have to ask. Maybe someone here can help me tomorrow before I call my CPA. My father wants a mortgage on one of his houses and transfer money from my account that I trade on their market for it (I am an independent broker and managing multiple clients are not too many). If the money comes directly to me, I have to pay taxes for it, or he pays the same way with the most investment, after you sell the benefits? “I’ve never had a case like this is recommended, usually money directly to the customer’s brokerage account to use me and my partner senden.Thx, Tom