The amount identified underneath subparagraph (B) shall be minimized by the quantity of any obtain treated as common earnings on the disposition underneath some other provision of the subtitle. Since the loan amortizes, phantom revenue is produced as depreciation and desire deductions decrease above the lifetime of the loan. Sec. https://dave-payday-loan34825.blue-blogs.com/43202805/the-smart-trick-of-467-loan-that-no-one-is-discussing