Solved
Our mortgage interest is from a common mortgage for our cooperative, for repairs to the building, not for our unit. Is this a home equity loan?
The coop took out the loan from the bank. On the 1098 our coop is named as the Recipient/Lender
Payments on the co-op mortgage, to the extent attributable to your ownership, are deductible mortgage expenses (an itemized deduction) the same as if they were on a mortgage you used to purchase your interest.
Mortgage interest, refinancing, property taxes and mortgage insurance are all under the Deductions and Credits tab for "Your Home."
Click this link for more info on Co-op Mortgages.
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