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can I deduct interest on my parents morgage?

Posted on: 31st Jul, 2010 07:46 am
my parents are refinancing their home and I am co-signing the note. I am going to make all of the payments. I am not on the deed. Can I deduct the interest on my tax return?
Hi erhoad,

As your name will be on the mortgage docs, you would be able to deduct the interest payments on your tax return.

Thanks
Posted on: 02nd Aug, 2010 01:09 am
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