A. Yes, it would matter. You haven'sreally paid it. You have to arrange your finances so that you pay it. For a simplistic example, you pay the mortgage, they b...
Right. And if you split it 50/50 would you be able to claim all the interest even though the mortgage is over $750K?how would you split it on the 1098? Would yo...
Ok and in terms of the audit, would it matter if you had payments coming in to your account from your girlfriend to cover their 50% share, so long as it was you...
Thanks a lot Opus and you're quite right, I confused myself by giving two different property tax figures because I was thinking of the 10K salt max for federal....
Thanks.If you split the expenses evenly, then your new deduction are $17K each. Why would my new deductions be $17K each if I were deducting a total of $35K eac...