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Friday, Oct. 18, 2007 | Regarding Bill Horn’s financial “irregularities,” left unanswered are how and if Horn accounted for his aide’s house on his personal income tax returns. Did he report rental income?

Who took the mortgage interest and property tax deductions? Did Horn take back a second deed of trust on the $349,000 advanced and did he report interest income? For how many years? How is the property title vested now and at the time of sale? Did the real estate loan application state that the home was to be owner occupied in order to obtain more favorable terms such as a smaller down payment and lower interest rate? Whose income was verified in order to qualify for the real estate loan?

These are just a few of the questions that merit verifiable answers from Mr Horn. The home purchase transaction smells and should be fully explained.

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