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You won't have mortgage interest to deduct but you can deduct any real-estate taxes that were paid on your behalf at the closing. This should be disclosed on your closing documents. Other than that, there is nothing to report.
It's possible that you won't have enough to even itemize your deductions.
You won't have mortgage interest to deduct but you can deduct any real-estate taxes that were paid on your behalf at the closing. This should be disclosed on your closing documents. Other than that, there is nothing to report.
It's possible that you won't have enough to even itemize your deductions.
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