Co Owner of a House

LC In Need · Feb 21, 2007

What is the name of your state? California
I Co Own a house with my daughter's father. He has never lived in the house and has not made payments on the house in 6 years. I have claimed the interest income on my taxes for the last 5 years because I made the payments. He decided to claim the interest income on his taxes for the year 2006. Is this tax fraud? Can I still claim it on my taxes which would cause an audit. What do you do?

moburkes · Feb 21, 2007

LC In Need said:
What is the name of your state? California
I Co Own a house with my daughter's father. He has never lived in the house and has not made payments on the house in 6 years. I have claimed the interest income on my taxes for the last 5 years because I made the payments. He decided to claim the interest income on his taxes for the year 2006. Is this tax fraud? Can I still claim it on my taxes which would cause an audit. What do you do?

I'd claim the interest on my tax return.

LdiJ · Feb 21, 2007

moburkes said:
I'd claim the interest on my tax return.

I agree, you are both responsible for the mortgage payments AND are actually making the payments. The deduction clearly belongs to you.

Co Owner of a House

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LC In Need

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