We refinanced our home with my father lending us the money. How do we enter that into TurboTax since he never owned our house and he is not a formal lender?

[JulieR]

You would report in the mortgage interest paid to your father on Schedule A of your return in much the same way as you would if the interest was paid to a financial institution. In your open return, under Deductions & Credits / Your Home/ Mortgage Interest, Refinancing, and Insurance. Enter your father's name as the "mortgage lender" and click "Continue". When the program asks "Tell us more about your loan from......", select "This is a seller-financed loan and I did not receive a 1098" (even though your father is not actually the seller, selecting this will allow you to enter his information on the next screen).  Follow the program prompts to complete your entry.

[Bsch4477]

Careful!  Interest on a personal loan is not deductible.  Be sure the terms of the loan stipulated that the lender could take your home if you breached the terms of the loan.  This is known as a recourse loan.

[lhregister]

Yes - my father has a lean on our house recorded at the courthouse.

[Bsch4477]

Great. You’re in good shape.