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Taxes on Mortgage Payments
Hello- My partner and I (not married) purchased a condo one year ago. Ultimately, we plan to split the cost, but she was laid off during the pandemic, so for now I have been making the mortgage payments and she has been paying the monthly HOA fee (since it is less). Since all of the mortgage payments have been coming out of my bank account, should I indicate in my taxes that I've been paying the full amount (meaning she wouldn't get any tax benefits)? Or should we both be indicating paying half in our taxes (so that we both benefit, knowing she'll be paying me back)?
‎November 16, 2022
11:11 AM