For Sale By Owner Question.

If you do for sale by owner and hold the property for a while do you still get to write off the interest on taxes. How is this done since it is not reflected through a bank or on your credit?
Thank you for all of your input.
~Chantelle

Comments(1)

  • rajwarrior20th October, 2003

    You may need to be more specific.

    If you have a loan on a property, then the lender will show your total interest paid (even while for sale by owner) with an end of year statement.

    Roger

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