Do you mean like if you sold the house "subject to"? Not sure what you mean. Some people sell their houses "subject to" the existing mortgage meaning (roughly) that the new owner is taking over your existing mortgage. You'll get the interest paid info in the mail but your buyer can take the deduction as long as you … Read more
Do you mean like if you sold the house "subject to"? Not sure what you mean. Some people sell their houses "subject to" the existing mortgage meaning (roughly) that the new owner is taking over your existing mortgage. You'll get the interest paid info in the mail but your buyer can take the deduction as long as you … Read more
Do you mean like if you sold the house "subject to"? Not sure what you mean. Some people sell their houses "subject to" the existing mortgage meaning (roughly) that the new owner is taking over your existing mortgage. You'll get the interest paid info in the mail but your buyer can take the deduction as long as you … Read more
It depend upon who paid the mortgage. Also, are you someone else's dependant? Check with a tax person. It doesn't have to be a CPA; in our town the senior center offers tax help.