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giraffe1
Returning Member

deducting house buy-out payment

I bought my girlfriend out of her 50% share of our CA house last year and I am now the 100% owner. Can I deduct the amount I paid to her on my taxes? Note that we were not married or legal domestic partners.

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2 Replies

deducting house buy-out payment

There is no deduction for buying a house.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
giraffe1
Returning Member

deducting house buy-out payment

You did not read my question as your answer does not apply. Pls try again. Thank you.

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