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Updated about 12 years ago, 10/18/2012

Chris Johanski's profile image
Chris Johanski's profile image
Chris Johanski
  • Real Estate Investor
  • from Burnsville, Minnesota
  • Member since Oct 5, 2010
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User Stats

16
Posts
1
Votes
Chris Johanski's profile image
Chris Johanski's profile image
Chris Johanski
  • Real Estate Investor
  • from Burnsville, Minnesota
  • Member since Oct 5, 2010
Connect
Chris Johanski
  • Real Estate Investor
  • Burnsville, MN
1
Votes |
16
Posts
Tax, SDIRAs & Cost Segregation

Mtg. Int. Tax Deduction on a Contract for Deed for buyer?

Chris Johanski
  • Real Estate Investor
  • Burnsville, MN
Posted

state of Minnesota, can a buyer on a CD claim the Mtg.Int. Tax deduction if he/she is making the mtg. payment or enough of a payment to cover the mtg? Also, what if the house has no mtg. on it with the original owner, can the buyer on a CD claim the Mtg. Int. Tax Deduction?
Thank you.
Chris

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