Tag Archives: equitable owner

Ask TaxMama Issue 528 – A Victory for the Aspiring Homeowner

Dear Family, The Worker, Homeownership, and Business Assistance Act of 2009 (WHBAA) passed nearly unanimously in the House today. HR 3548 is about to be signed by President Barack Obama. I’ve been tracking the progress of this all week, using a new media source to post my notes. All Voices is an interesting concept. When […]

Equitable Owner

Today TaxMama hears from Sean in North Carolina. “As I understand it you must be an owner and be liable to claim the home mortgage interest and property tax as deductions on schedule A. Now I hear you can be an equitable owner whose name is not on the mortgage and also whose name is […]