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Assigned mortgage taxes

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ywhatley Guest	Posted: Sun Mar 13, 2011 7:42 pm    Post subject: Assigned mortgage taxes Like 0 Dislike 0 Mortgage my mother held was assigned to me last year. What do I need to claim on my taxes? The interest or the interest and the principal. She had paid all the capital gains on it the year she sold the property. _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
Niicss Joined: 03 Oct 2005 Posts: 4831 Location: New Jersey 508.39 Dollars($)	Posted: Mon Mar 14, 2011 1:45 am    Post subject: Like 0 Dislike 0 You will be liable for paying property taxes. I don't think you'll be liable for paying any other taxes. Nevertheless, have a word with a tax adviser and take his opinion in this matter. _________________ Good is the Enemy of Great.

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