In this case, the seller is still responsible for his original loan, and then Ashish's answer is correct: interest deduction belongs to the seller.Once I re-read the original post by Anirudh, I realized that he left both interpretations possible.

I highly suggest as many in-person networking events as possible! 

They hired an attorney who was skilled at assisting them stay as long as possible. 

USDA Loan – 0% Down (Rural Areas)Must be in a USDA-eligible rural area (check USDA’s map).Owner-occupancy required initially, but STRs might be possible later.5.

This forum is super helpful too so I try to regularly review what’s going on and be as helpful as possible. 

Always use a property manager to keep your real estate investments as passive as possible and keep you compliant with Fair Housing laws.This way you can learn to manage the property manager and learn from experience as you go.If you buy a bunch of properties all at once, they may not all fit your buying criteria, there may be deferred maintenance that needs to be dealt with all at the same time, and you will not have accumulated the management experience building your portfolio one at a time.To Your Success!

I would like to be in the partnership for the least amount of time possible but want to be sure I can present this offer as worth his time, which is very valuable. 

Herein lie possibilities of lucrative ventures; here are myths that even a hardened investor would consider runway.

I know this may sound simple and unorthodox, but I think you should try to BRRRR as much as possible.

Look forward to helping you in any way possible in the future.