Chattel loan financing refers to loans made for the purpose of purchasing moveable personal property, or chattel. This form will only allow you to list all of your assets and your debts all of the documents that support the values you came up with.Is the mortgage interest and real property tax I pay on a second residence deductible? Answer. Yes and maybe. Form 593 should be given to the Settlement Agent who will withhold this amount and send it to the State.