- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Financing Home through Owner
I bought a home last year from the owner to whom I make payments for the purchase. How do I claim the interest I paid the owner for holding the mortgage on my home.
May 5, 2021
9:00 AM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Home loans
You will enter in the same place as though financing through a bank and receiving a form 1098 in the "Deductions & Credits" tab.
- Scroll down to "Your Home"
- "Show More"
- "Start/revisit" the Mortgage topic
- "Yes" and "type it yourself"
- Enter the seller's name
- Click the option "Seller financing and didn't receive a form 1098"
Note: You will need the sellers information to complete the entries and the seller will need your information as well for their return.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
May 6, 2021
10:02 AM
1,076 Views