Can anyone help me regarding home loan interest and tax write off?
My ex-wife got our home in our divorce settlement. The home loan is in my name only. Can she write off the interest of the loan on her taxes? Or can I?
loan best answer:
Answer by Sharon T
If she pays the mortgage, she may deduct the interest.
It would be best for her to assume the mortgage if she can qualify to do so. They may release you from it, which would free up your credit for other purposes.
loan
Loaned Representatives Thank You Event
Image by United Way of the Lower Mainland
Orignal From: Can anyone help me regarding home loan interest and tax write off? and Loaned Representatives Thank You Event
No comments:
Post a Comment