Why Was A 1099 Sent To The IRS For My Mortgage Satisfaction

Why Was A 1099 Sent To The IRS For My Mortgage Satisfaction

This is a payoff statement that can be negated (e.g. you can still show no taxable income) with the use of Bulletproof Trust Secrets or Elite Tax Secrets. It is required to be sent, due to the way the payoff process works.

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      No, because a mortgage has no liquidity of any funds paid into the loan, save a costly refinance or sale of the home. This is why 99% of Americans don’t pay extra on their mortgage.