My husband has his property and loan in his name. I signed paper to refinanced. I have no rights. If I used 200K to buy my ownership into his house. is it deductible?

[Patel]

My husband has his property and loan in his own name. I had signed documents to refinanced that. I have no rights to house. Only under his name…..So if I used $200K to buy my ownership into his house, could that be a deduction?

[SweetieJean · Accepted solution]

Are you in the USA? No it is not deductible.  

But it sounds like you have issues other than taxes, so please see an attorney.

[Patel]

Yes. I am living in USA

[SweetieJean]

Which state?

[Patel]

California

[SweetieJean]

California is a Community Property State. California law defines community property as any asset acquired or income earned by a married person while living with a spouse. Separate property is defined as anything acquired by a spouse before the marriage, during the marriage by gift, devise, or bequest, and after the parties separate.
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[Patel]

Thanks