Puerto Rico Releases 2018 Form 480.7A, Informative Return – Mortgage Interest

The Puerto Rican Treasury has released the 2018 Form 480.7A, Informative Return – Mortgage Interest

Under the “Description” column, Puerto Rico has added a box for “Physical Address of the Property Subject to Loan,” including the Zip Code of that property.

The instructions for this box provide: Enter the physical address of the property that guarantees the mortgage loan. It must include the name of the urbanization or building, number of the house or apartment, street, municipality or city, state and zip code.

 
Author

Tom Hospod

Tom Hospod is a Regulatory Counsel at Sovos Compliance. Within Sovos’ Regulatory Analysis function, Tom focuses om Affordable Care Act (ACA) reporting, Tax Withholding, and Automatic Exchange of Information (AEOI). Prior to Sovos, Tom worked as a legislative aide in the Massachusetts House of Representatives. Tom is a member of the Massachusetts Bar, earned his B.A. from Boston College and his J.D. from the University of Miami.
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