Solved: Can I get mortgage deduction if my home is owner financed? If so, what do I need as far as paperwork because he is not going to be sending me a 1098?

Can I get mortgage deduction if my home is owner financed? If so, what do I need as far as paperwork because he is not going to be sending me a 1098?

posted

Amount of the loan

Loan must be secured against home

His or her SSN that the interest is paid to

Amount of the interest paid in each tax year it is claimed.

You need to have documents to show the IRS should they ask to see this information.

For more detail see below:

https://ttlc.intuit.com/replies/3300473

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Amount of the loan

Loan must be secured against home

His or her SSN that the interest is paid to

Amount of the interest paid in each tax year it is claimed.

You need to have documents to show the IRS should they ask to see this information.

For more detail see below:

https://ttlc.intuit.com/replies/3300473

Bought 2nd home in 6/23, rented 1st home 7/23; both financed by same lender, 1st home refi'd in 11/20. Put 7/23 loan in deductions but get "Refi must be entered error".

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Can I get mortgage deduction if my home is owner financed? If so, what do I need as far as paperwork because he is not going to be sending me a 1098?

Can I get mortgage deduction if my home is owner financed? If so, what do I need as far as paperwork because he is not going to be sending me a 1098?

Can I get mortgage deduction if my home is owner financed? If so, what do I need as far as paperwork because he is not going to be sending me a 1098?

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Can I get mortgage deduction if my home is owner financed? If so, what do I need as far as paperwork because he is not going to be sending me a 1098?

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Can I get mortgage deduction if my home is owner financed? If so, what do I need as far as paperwork because he is not going to be sending me a 1098?

Can I get mortgage deduction if my home is owner financed? If so, what do I need as far as paperwork because he is not going to be sending me a 1098?

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