PPP Forgiveness Rent Related Party

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#1
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For forgiveness purposes, apparently rent to a related party is limited to the mortgage interest paid by the related party for the forgiveness period.

How does this work if the mortgage is on an another property due to better interest rates but the subject property being rented to the business does not have a mortgage secured against it?
 

#2
Nilodop  
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Just my guess. Zero limit. Doubt it's discussed in authorities. How would you prove the other property's interest relates to this property? Tracing?
 

#3
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Nilodop wrote:Just my guess. Zero limit. Doubt it's discussed in authorities. How would you prove the other property's interest relates to this property? Tracing?


"Tracing"

Yes exactly.
 


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