Tag Archives: PITI

Amend it Now

Today TaxMama® hears from Jennie in the TaxQuips Forum, with a good question. “I took out a mortgage from a private party 4 years ago. They have never sent me a mortgage interest statement. Therefore, I have never included it on my taxes. I realized that is a HUGE mistake as I would most likely […]

Reverse Mortgages

Today TaxMama® hears from Dave in the TaxQuips Forum, with this question.  “How do we deduct interest on a reverse mortgage?”