Thank you,
So to clarify, if the joint account is funded with say $39,000 each (T-$78000 and the taxes and interest are equal to @ $38500 , then one owner could take the entire deduction for interest and taxes and the other pays for principle, pmi, utilities, insurance and all other household items then that would be ok? Just concerned about a 50/50 split if both are on the 1098.
