cdcellular
Junior Member
What is the name of your state? missouri
i know that i can deduct all the interest paid into my mortage at the end of the year but here is my situation and question:
1) I legally own the property with my ex fiancee - her name is on the mortage and the deed
2) In 2007 she has paid nothing into the mortage at all. I have made all the payments myself, she has paid NOTHING and i can prove this if necessary.
3) When i file my 2007 tax return can i only deduct 1/2 of the interest paid because of her name being on the loan/deed? or because i made all the payments can I deduct all of the interest paid?
thanks!
i know that i can deduct all the interest paid into my mortage at the end of the year but here is my situation and question:
1) I legally own the property with my ex fiancee - her name is on the mortage and the deed
2) In 2007 she has paid nothing into the mortage at all. I have made all the payments myself, she has paid NOTHING and i can prove this if necessary.
3) When i file my 2007 tax return can i only deduct 1/2 of the interest paid because of her name being on the loan/deed? or because i made all the payments can I deduct all of the interest paid?
thanks!
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