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Account Closed
  • Seattle, WA
2
Votes |
18
Posts

Mortgage interest deduction on investment property, two owners.

Account Closed
  • Seattle, WA
Posted

Two owners in the same family own a rental (tenancy in common), Owner A is on the mortgage by himself. Both parties are on title. If owner B manages the unit and takes care of all expenses (Taxes, HOA's Maintenance, Management) is he entitled to the mortgage interest deduction even though he's not on the mortgage?

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