I own a home with two other relatives. I still work and pay income tax on my earnings. They are both retired and only have SSI to claim and as a result pay not income taxes. Am I able to claim all ...
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I own a home with two other relatives. I still work and pay income tax on my earnings. They are both retired and only have SSI to claim and as a result pay not income taxes. Am I able to claim all paid mortgage interest on my return?
I own a home with two other relatives. I still work and pay income tax on my earnings. They are both retired and only have SSI to claim and as a result pay not income taxes. Am I able to claim all paid mortgage interest on my return?
You can only deduct as an itemized deduction the Mortgage Interest that you personally paid.