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Can I file mtg interest on taxes if I did a quit claim deed in Dec. 2009?

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Icon Mini Profile tbowman1964





Joined: 17 Nov 2009

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Post Posted: Mon Jan 11, 2010 3:37 pm    Post subject: Can I file mtg interest on taxes if I did a quit claim deed
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My ex-boyfriend refinanced our mortgage in Dec. 2009 and I signed a QuitClaim deed transferring property rights to him. Can I file 100% of the mortgage interest paid in 2009 if I have proof that I alone paid all of the payments? Or did I forfeit all rights (even prior to the signing of the quit claim deed) to the property when I signed the deed in Dec. 2009?
Icon Mini Profile jenkin7
jenkin7




Joined: 04 Jun 2007

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Location: Hawaii
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Post Posted: Mon Jan 11, 2010 10:19 pm    Post subject:
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Hi tbowman,

You have given up your property rights through the quit claim deed. But you have not given up your responsibility towards the mortgage. You are legally liable to pay off the mortgage and you can claim deduction for the mortgage interest on your taxes. You have the proof with you that you actually paid the mortgage interest. Thus, I don't think you will have any problem in claming the mortgage interest on your taxes.
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