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How do we deduct mortgage interest for co-ownership?
Firstly, I know this question has been ask several times but not in detail as I would like.
My partner and I purchased a home together. We will both be paying 50/50 on the mortgage, HOWEVER, my lender essentially only takes payments from one account. I called and asked and they could not set up autopay for two accounts. We have decided that one person will pay the mortgage company directly and the other person will pay the other person his/her portion personally. So when taxes come around I understand we can split the 1098. So my concern is "on paper" only one person is paying the mortgage and this could cause some confusion on why the other person is trying to claim half the deductions since there is no "paper trail."
How do we file for taxes correctly in this scenario?