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Deducting Interest if you aren't the Owner of Record

Discussion in 'Education, Tutorials & Courses' started by FXStreet_Team, Mar 22, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    When I teach, I often jokingly say that we should use our adult children to start our real estate investing career. It’s funny because I got this question last week, so it is perfect timing to answer it for this Lesson’s from the Pros. Question: “I’m working with my son on buying a condo. He makes a good living and has a down payment but has some issues with his credit. I was told that the property should be in my name only, but my son will live there, pay the mortgage, taxes, insurance and

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