- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Tax benefit on mortgage buyout of a rental property from partner
I bought house as a rental property on a shared(50-50) basis in 2014. In 2019 i bought share of my partner through refinancing and paid him whatever his share was . My question is how do i incorporate the money i spent to buy his share in taxes and what deductions and benefits i can get in 2019 tax return.
Topics:
‎April 6, 2020
5:25 PM