- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
To deduct mortgage interest, the taxpayer must be a legal owner, or have an equitable ownership interest, and be the person who actually pays the mortgage. They don't have to be a listed borrower.
To deduct property taxes, the taxpayer must be a legal owner only (equitable ownership doesn't count), and be the person who actually pays the property taxes.
‎November 21, 2024
9:32 PM