Do i claim house bought in december 2015?

[mmccormick87]

We closed on December 21, 2015. The seller paid all closing costs. We put down a small down payment but our first mortgage payment wasn't due until February 2016.

[taxquestion3]

I bought a rental property and I paid mortgage interest in December 2017. The house wasn't rented until 2018. Can I deduct 2017 mortgage interest  on my 2018 tax return?

[MargaretL · Accepted solution]

You can deduct  loan origination fees (even if they paid by seller) if they are any; they are listed on your HUD1 statement, lines 801-803.

However, it is usually the mortgage interest and real estate taxes that make a difference on your tax return. It sounds that you don't really claim your house deductions for 2015, as there are none.

https://turbotax.intuit.com/tax-tools/tax-tips/Home-Ownership/Buying-Your-First-Home/INF12009.html

[GinaMarie78]

Your mortgage lender should have given you your closing documents, as well as any paperwork pertaining to any mortgage credits you may be eligible for.  In instances like this, it is always wise to have an accountant at least look over your closing documents to make sure you have everything you need before proceeding on your own.

[hatters09]

Yes, You need to claim that you bought the house in 2015 because you are paying taxes on the house in 2015.  That time lapse in between closing and your first payment is for the benefit of the bank and city to process their paperwork and such.