Posted on: 24th Mar, 2010 01:30 pm
My daughter quit claimed her house to me in 2009. I paid off her remaining mortgage. I have paid all utility, insurance and property taxes since. Do I need to do anything on my income tax filing for 2009?
Welcome lmcgoff,
Is your name mentioned on the mortgage docs? If yes, then you would be able to claim the tax deductions for mortgage payments while you file your taxes. Contact a tax expert and he will be able to guide you in a better way.
Is your name mentioned on the mortgage docs? If yes, then you would be able to claim the tax deductions for mortgage payments while you file your taxes. Contact a tax expert and he will be able to guide you in a better way.