Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: WilliamReading

I heard that the other home was in his mother-in-law’s name. Senior community. I believe that he could be on the loan and get the deduction. My recollection is that the IRS doesn’t care who gets the deduction (owner or otherwise) as long as it’s not two different people.


63 posted on 07/22/2008 7:53:11 PM PDT by purpleraine
[ Post Reply | Private Reply | To 62 | View Replies ]


To: purpleraine

Does FL have an income tax? I know they have real estate/property taxes. How does his deduction for real estate show up on his IRS forms ... if he files?


64 posted on 07/22/2008 7:59:36 PM PDT by MHGinTN (Believing they cannot be deceived, they cannot be convinced when they are deceived.)
[ Post Reply | Private Reply | To 63 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson