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Updated over 2 years ago,

User Stats

120
Posts
123
Votes
George Red
123
Votes |
120
Posts

Quit Claim Transfer and Mortgage Interest Write Off

George Red
Posted

I purchased a duplex in my name and then quit claimed it over to an LLC. Does this present any issues with me being able to claim the interest write off form the mortgage payments as the property is technically now owned by an LLC? The loan would still be under my name so I do not think it would present any issues... trying to think it through. Any insight is appreciated for items I should be looking out for, doing a quit claim transfer for the first time.

Thanks in advance

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