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Updated over 8 years ago on . Most recent reply
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How Sub2 financing affects Schedule E
Under a form of Sub2 financing (seller financing) where the buyer does not get the title, can the buyer claim expenses on his schedule E? Can the buyer claim RE Taxes if he's reimbursing the seller who then is actually paying the taxes?
I imagine both seller and buyer can claim mortgage interest???
Just wondering because its seems like under this type of agreement 2 parties have partial ownership and some of the same expenses?