UK Endowment Mortgage
I had an endowment mortgage in the UK that is shortly about to mature. I no longer have my house in the UK but do have one in the US.
Can any one tell me if the mortgage payoff is taxable? thanks |
Re: UK Endowment Mortgage
See http://britishexpats.com/forum/showthread.php?t=704697
And if you figure it definitively please let us know. |
Re: UK Endowment Mortgage
Originally Posted by cpe111
(Post 9248342)
I had an endowment mortgage in the UK that is shortly about to mature. I no longer have my house in the UK but do have one in the US.
Can any one tell me if the mortgage payoff is taxable? thanks [And an alternative answer is "Endowment? What endowment?"] ;) |
Re: UK Endowment Mortgage
It will be paid into a UK bank account ... presumably
hope you dont forget about it ... no one else will know about it |
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