Both of Us Had Individual Mortgages Prior to Our Marriage, We File Joint Now, Can We Claim Interest on Both?

mortgages

We each had a mortgage prior to our marriage, we live in my home, and pay a higher interest amount due to the loan amount. Can we claim my home as our primary if his name is not on the loan, but he is listed first on the federal tax refund? I know I can claim interest on up to two mortgages, but my name must be on both. Help!

One thought on “Both of Us Had Individual Mortgages Prior to Our Marriage, We File Joint Now, Can We Claim Interest on Both?

  1. If you file jointly, just claim the interest on the two.

    if you start renting out one home, go the interest and expenses to schedule E.

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>