House In Fiancé's Name

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  • Unregistered

    House In Fiancé's Name

    Am I able to deduct house expenses even though I am not on the mortgage? The house is in my fiancé's (of 7 years) name only. Thanks!!
  • TomCopeland
    Business Author/Trainer
    • Jun 2010
    • 3062

    #2
    not married

    Originally posted by Unregistered
    Am I able to deduct house expenses even though I am not on the mortgage? The house is in my fiancé's (of 7 years) name only. Thanks!!
    Since you are not married, you can only deduct expenses you actually pay for: utilities, house repairs. Not property tax, mortgage, house insurance or house depreciation.

    Time to get married!
    http://www.tomcopelandblog.com

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