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Level 2
June 3, 2019
Solved

Three individuals on a loan for one property. Can the mortgage interest and the property taxes be split three ways?

  • June 3, 2019
  • 1 reply
  • 11 views
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    Best answer by SweetieJean

    It is split according to the actual amounts paid by each person.

    Are all three on the deed?

    1 reply

    Alumni - Champ
    June 3, 2019

    It is split according to the actual amounts paid by each person.

    Are all three on the deed?

    LAMDTAuthor
    Level 2
    June 3, 2019
    All three are on the deed and on the loan. The split would be determined based on the amount paid and agreed upon  between the three individuals? I am presuming as long as the amounts add up to equal the amount shown on the 1098 and the property tax bill? Thank you for your time.