Colmatt
Level 5

I think I have read that if you have legal title or equitable ownership you can deduct the interest and taxes you paid, even if not directly liable for the loan.   Only if they meet the requirements of equitable ownership.  I think this person might be based on:

- On deed

-Maintaining property

- Insuring property

-Pay's property tax

- Paid down payment

 

Does this look better now?

 

 

0 Cheers