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Protest Against Proposed Regulations on Wrap-Around Mortgages

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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.

Catalogue Metadata

Title: Protest Against Proposed Regulations on Wrap-Around Mortgages

Date - creation

Expression: 97th (1981-1983)

Type: inclusive

Begin: 1981

End: 1983

Date - creation

Expression: 30-Jan-81

Type: single

Begin: 1981-01-30

Scope and Content: 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.

Extent

Portion: whole

Number: 1

Type: Items

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Carl Albert Congressional Research and Studies Center | University of Oklahoma https://www.ou.edu/carlalbertcenter