Talk:Treasury Regulations, Subchapter A, Sec. 1.163-8T

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I am editing the information after page 1 in order to make it more easy to read. I will not be able to do it all in one sitting, but will attempt to complete at some time. I was going to attempt to improve this page, but it is blocked from editing. I can understand why, but it would seem that it would be greatly improved with editing. If someone who runs the TA would contact me regarding this issue, I would appreciate it. It has been awhile since I came on here and am not totally conversant with all of the protocals.

The issue that I am studying is the ordering of payments on a mortgage on a property which holds a 80 acre Cattle Breeding operation Filing Sch F, residence where owners live. Refi's have been done 3 times over the 20+ years with most proceeds going to refi improvments on Farm and equipment purchased. Payments have been made over these 20 years with principle payments being between $25-30,000 It started our 50-50 Residence and Farm, with current allocation being I believe 75% on current mortgage because of the principle payments being allocated to the personal residence per ordering rules in this Reg, and disbursements at refi's over the years being related to Farm expenditures. Anyone with idease are invited to comment.

Ken Daniel

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