New Member

posted Jun 3, 2019 12:24:07 PM

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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1 Best answer

Level 15

Jun 3, 2019 12:24:08 PM

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

1 Replies

Level 15

Jun 3, 2019 12:24:08 PM

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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