Legal Question in Real Estate Law in New Jersey
i have purchased a house with my father he is soley on the mortgage and we are both on title.. i am making all the payments on the mortgage out of my bank account in my name only can i claim the mortgage interest and property taxes on my income tax return???
Asked on 12/15/09, 9:35 am
1 Answer from Attorneys
Locksley Wade
Law Office of Locksley O. Wade
Yes with proper arrangements with your father. Please consult with the IRS for a more definitive answer
Answered on 12/26/09, 11:08 pm