Seller Finance - Who gets the Tax deduction from the 1098 form

[Andre Key]

I have a question to any that have been through the situation or that my have some expertise.

My question is I know when you buy a home for investment the taxes and interest on the mortagage are tax deductible.  I have a property that is seller finance and I still have the underlining mortagage in the sellers name.  Although the deed is in my name can I still get the tax credits from the interest and taxes paid, or does the mortgage holder get that since ther 1098 is in their name.

I kow this is a CPA question but I know there are plenty of smart people on BP..