my question is regarding the tax write off of a home. I recently am divorced and signed a contract with a landlord for a house I am looking to buy (my ex lives in our house and is going to refi the house and put it in her name) The landlord and I agreed I would rent the house and I would be given the % tax write off compared to my rent. I asked him to send me the information for the write off and he says he isn't going to do it becasue his accountant says he cant...i have done this before i was married and I know several other people who have rented and got the tax write off as well. What can I do?
Asked on 1/25/10, 12:39 pm
1 Answer from Attorneys
Charles Aspinwall
Charles S. Aspinwall, J.D., LLC
Normal rent payable for a personal residence is not deductible under the Internal Revenue Code.
Answered on 1/30/10, 5:20 pm
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