呼喚托尼福、maomao168、jessicalovesmemphis等 CPA們

及知道 using HELOC for business 的老師們，請就以下的例子給個意見，謝謝 ^_^


For example, Peter has an HELOC of $200K @ 5% with a bank and he lent the amount to a LLC @ 9% for 6 months. The interest Peter has paid to the bank for borrowing his HELOC is $5000, while the LLC has paid him $9000.

By the end of the year, the LLC will issue Peter a 1099 with the amount $9000 and deduct this $9000 as a business expense. As for Peter, he'll use schedule B to report this $9000 as interest income and also report the $5000 as nominee distribution to the bank.

For this example, am I right from your point of view? If yes, may I know if there are any other tax treatments to the case above available? If no, please do correct me please.

Thanks a lot for everyone reading my post and/or giving comments.

所有跟帖： 

• 基本正確，但是... -托尼福- ♂ (241 bytes) () 07/16/2009 postreply 21:58:28

• 不好意思，沒看到你之前的提問，重答一次 -托尼福- ♂ (197 bytes) () 07/16/2009 postreply 22:12:26

• 謝謝托尼福版主 -havingfun- ♀ (94 bytes) () 07/17/2009 postreply 16:19:14