Re: Mortgage tax deductions for co-owned rental house

Re: Mortgage tax deductions for co-owned rental house by luchen26@hotmail.com on January 28, 2019 @13:07

Thank you Garry for the detailed explanations. Actually I my question is about the interests of mortgage: whether I can claim 50% of total interest of mortgage of $1.2 million? What I am not sure is: The IRS has limit of $0.75 million of mortgage per property or per owner or property? Also, split of other percentage such as 75/25 is ok too, right? thanks.

[ Reply ] [ Return to forum ]

Re: Mortgage tax deductions for co-owned rental house - Landlord Forum thread 358981