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Updated almost 6 years ago,
Seller Finance deal Interest Paid reporting
I am wrapping up my taxes for my LLC which holds a few loans and one which is a seller-financed deal. I have received a YTD interest for all my other lenders (which are banks or CUs). My question is does the past owner owe me anything or do I just have to go to the arm table myself and calculate interest I have paid? Any feedback or advice is much appreciated.