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June 1, 2019
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I put an offer on a home in 2016, but closed in 2017.... When do I put that on my taxes?

  • June 1, 2019
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All you deductible expenses from the purchase occurred in 2017.  Next year you'll deduct your mortgage interest and real estate taxes on your 2017 tax return.  There's nothing for you to report for 2016.

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Answer
June 1, 2019

All you deductible expenses from the purchase occurred in 2017.  Next year you'll deduct your mortgage interest and real estate taxes on your 2017 tax return.  There's nothing for you to report for 2016.