<prompt> Human: In Indiana. I borrowed 2 million from my parents in 2006 for the purpose of real estate investment. The property secured is multi-tenant warehouses. Up until 2013, I have paid 6,000 interest only monthly. In 2013, I lost my both tenants, and was unable to make payments. Now I have a new tenant, and we want to modify the mortgage. Before my mom was paying taxes on the interest. She really isnt interested in the interest. Her concern is having a monthly income. My question is, would it be smart to modify the mortgage to 0.10 interest, amortized over 40 years, to avoid being taxed on the interest? What am I missing?  <response>: I think dealing with such a large Investment this is something you should consult an accountanttax lawyer about. They will best be able to advisestructure a plan for everyone involved. 