BiggerPockets

yes..........IRS form 1098
you will be entitled to deduct interest paid.

Make sure your Sub2 addendum states this as well, I've copied and pasted the exact verbiage I use on my Sub2 contracts:

Interest Deduction. Seller hereby agrees that after Closing, Buyer shall be entitled to take the interest deduction on Buyer's income tax return for any and all interest paid related to any and all above mentioned mortgages and mortgage payments regardless of EIN or SSN on any future form 1098 or any other future statement of interest paid. And Seller further agrees that Seller shall not take the interest deduction on his/her tax or any entity's tax return for any interest paid related to any and all above mentioned mortgages and mortgage payments. Seller does hereby agree to instruct any and all lenders related to this transaction to send any future statements and or information to the Seller in care of the Buyer at the Buyer's address. Seller does hereby agree to continue to work with Buyer in obtaining any future interest statements, payment statements, mortgage statements, or any other information required by Buyer to maintain Buyer's records. This paragraph and agreement shall survive Closing and continue until Buyer resells the property or until all existing indebtedness is satisfied.

So does this mean you can take advantage of the interest deduction? Like you don't have to pay it back because it is a "primary home"?

Just wanted to make sure that I can still write off the interest even though the loan is in someone else name. Didnt know if that woudl cause any trouble with the IRS. Thanks