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are taxes due after I assumed the mortgage of my ex boyfriend?
Asking for a friend:
"10 years ago I bought a house with a mortgage with my (now ex) boyfriend. We used to pay 50% mortgage each every month.
Last year we split up and I assumed the mortgage and I bought him out.
I still live in this house which is my only residence.
What tax implications does this have?
Do I need to pay/deduct anything?
thanks!"
Topics:
‎February 16, 2025
2:43 PM