I bought a house in the CA, USA with a mortgage solely in my name, but the deed includes both my name and my mother's name. My mother fully pays the mortgage, including the interest.
I am moving out of the U.S. and will no longer have U.S. income. Since my mother still lives in the house and pays the mortgage, I’d like her to deduct the mortgage interest from her taxes.
1. Is it possible for her to deduct the mortgage interest even though the loan is in my name?
2. If so, what steps should we take (e.g., formal agreements or documents) to allow her to claim the deduction legally?
3. Are there any potential issues or IRS guidelines we should be aware of when making this adjustment?
I found some articles about allowing to claim tax deductions for mortgage interest if the co-owner has "equitable ownership" but can't find any details on how to do it.
Thank you for your guidance!
