This is what I learned: I could not deduct interest on personal loans so I ended up paying as much in taxes as I made.

In you're case you're looking a $500k deducted from capital gains.

plantiff's attornies are probably pulling title to determine the debt against it.. and with sales price and deduct say 8% for sales costs they should get a good handle on how much cash Morris et al have coming out of the home.. 

Deductible expenses include a proportional share of mortgage interest, property taxes, insurance, utilities, and repairs.

Just think tax deductions 😂👍🏼

(after I deduct all the labor/material costs).

Best practices for security deposit deductions (damages)?

@Akash AgrawalYou can have single person on mortgageThe issue about deduction is who is actually paying the mortgage?

Are you using SALT deductions?

Make a $1,000 tax deductible donation.