Unrecorded mortgage from ‘Bank of Mom’ fails to qualify for interest deduction

By Inman News Feed
Add Comment Add Comment | Comments: 0 | Posted Nov. 18, 2013

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One of the greatest tax benefits of homeownership is the home mortgage interest deduction, which permits homeowners to deduct the mortgage interest for a home loan or loans up to $1 million as an itemized deduction. You don’t have to ...

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