Protest Against Proposed Regulations on Wrap-Around Mortgages

Item — Box: 51, Folder: 12

Identifier: CAC_CC_109_4_51_12_0015

Staff Only

Protest Against Proposed Regulations on Wrap-Around Mortgages

The letter is a protest against proposed regulations by the Treasury Department regarding the income tax treatment of wrap-around mortgages in real estate installment transactions. The author argues that these regulations are not supported by the Installment Sales Revision Act of 1980 and are detrimental to the real estate industry. They ask Congressman Jones to look into the matter and provide assistance.

Dates

1981

Language of Materials

English

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