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January 29, 2025
Question

Can I deduct the interest paid to an individual who is holding our mortgage?

  • January 29, 2025
  • 1 reply
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    1 reply

    January 29, 2025

    Yes if the loan is used to purchase your home and secured by the home.

     

    The lender has to provide you his tax ID *SSN or EIN).

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