What is the name of your state (only U.S. law)? Illinois
I have a condo in the city with a interest only mortgage, and have run into some finanacial difficulty. Can someone else pay the interest on the mortgage and take the deduction. I do not want to sell or refinance this and do not want too effect the property tax status on this.
If I can do this how would I go about getting the deduction to them as the mortgage is in my name and social number.
I have a condo in the city with a interest only mortgage, and have run into some finanacial difficulty. Can someone else pay the interest on the mortgage and take the deduction. I do not want to sell or refinance this and do not want too effect the property tax status on this.
If I can do this how would I go about getting the deduction to them as the mortgage is in my name and social number.