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If my name is on title , but not on mortgage can I claim mortgage interest deduction

Posted on: 22nd Mar, 2010 09:48 am
If my name is on title , but not on mortgage can I claim mortgage interest deduction on my tax return?...My prtners name is on mortgage , but I pay it may I claim it if my name is on title?
Hi elenaleonkina,

As your name is not on the mortgage, then you won't be able to claim mortgage interest deduction on your tax return. The person whose name is on the mortgage docs, will be able to claim the deductions on the tax return.

Thanks
Posted on: 22nd Mar, 2010 10:38 pm
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