Posted By: JUST CALL ME CRA
To report or not to report - 02/17/11 04:29 PM
Scenario: Mother and father (our borrower) are paying to have a furnace put in a house that is owned and occupied by their daughter. The loans is secured by a CD and the payments are directly debited from the father's (borrower's) brokerage account. Is this considered home improvement? And, if so, what address is geocoded? The borrower's house or the daughter's house?