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If you are married but your name is not on the deed can you claim the house on your tax return?
Wiki User
∙ 13y ago
No. You can deduct home mortgage interest only if you meet all the following conditions.
You must file Form 1040 and itemize deductions on Schedule A (Form 1040).
*You must be legally liable for the loan. You cannot deduct payments you make for someone else if you are not legally liable to make them. Both you and the lender must intend that the loan be repaid. In addition, there must be a true debtor-creditor relationship between you and the lender.
*The mortgage must be a secured debt on a qualified home in which you have an ownership interest. (Generally, your mortgage is a secured debt if you put your home up as collateral to protect the interests of the lender. The term "qualified home" means your main home or second home. For details, see Publication 936.)
Wiki User
∙ 13y ago
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If a husband and wife are both listed on the deed for a house can one refinance without the others knowledge?
no, it is illegal both on the house - both have to sign one can sign a quick claim deed and then the other can refi the house? no, it is illegal both on the house - both have to sign one can sign a quick claim deed and then the other can refi the house?
Can you quit claim a deed after bankruptcy is discharged?
Yes, because after bk discharge you still own the house . The only way to get out from under the house is to get your name off the deed. Ether by forcloser, short sale, or normal sale. If you can find someone to quit claim deed to that will work also. Because after bk discharge you are not responsible for the mortgage, so if you can get off of the deed you are free.
A written claim to some piece of property?
collateral
Do you have to refinance a home to get ex spouse off of mortgage?
Yes. In return you need to get a deed that transfers their interest to you. This should all be done under the supervision of your attorney.Yes. In return you need to get a deed that transfers their interest to you. This should all be done under the supervision of your attorney.Yes. In return you need to get a deed that transfers their interest to you. This should all be done under the supervision of your attorney.Yes. In return you need to get a deed that transfers their interest to you. This should all be done under the supervision of your attorney.
If one spouse's name is on the deed and mortgage does the other spouse have any rights of claim to the property?
If it's the primary residence, both spouses have equal rights of ownership regardless of whose name is on the deed or mortgage. Second homes or investment properties do not apply to this. The court assumes "tenants in common" ownership for any married couple regarding their primary residence. (there may be an exception in some states if the house was owned by one person before they got married, and now the spouse lives there too - ask a lawyer if that's the case)
If a husband and wife are both listed on the deed for a house can one refinance without the others knowledge?
no, it is illegal both on the house - both have to sign one can sign a quick claim deed and then the other can refi the house? no, it is illegal both on the house - both have to sign one can sign a quick claim deed and then the other can refi the house?
If you buy a house in someone's name with their permission have they got a claim in the house?
If you bought a house in someone else's name, then the real question is do you have a claim on the house?One can have a claim on a house in several ways.1. Their name is on the deed.2. They are married to someone who's name is on the deed. (community property state)3. They are the bank or lending agency holding the mortgage.4. They have a lien on the house for legitimate money owed.Find out which of those applies to him/her and which applies to you. You may also wish to consult with a local attorney to get more specifc information to your situation.
In ohio if i sign a quick claim deed to land and a house when my name is on the loan what exactly does this mean for me?
In Ohio, signing a quick claim deed to land and a house when your name is on the loan will still make you legally responsible for the loan.
In ohio if i sign a quick claim deed to land and a house when my name is on the loan what exactly does this mean for me-?
In Ohio, if you sign a quick claim deed to land and a house when your name is still on the mortgage loan, you will still be responsible to the bank.
When adding a spouse to a title or deed only can that person claim the house on taxes or can only the mortgage holder do that?
One person at a time depending on the state. or both together on a joint return.
SHow do I sign over house to spouse?
Fill out a Quit Claim Deed - have it notarized!!
Can you quit claim a deed after bankruptcy is discharged?
Yes, because after bk discharge you still own the house . The only way to get out from under the house is to get your name off the deed. Ether by forcloser, short sale, or normal sale. If you can find someone to quit claim deed to that will work also. Because after bk discharge you are not responsible for the mortgage, so if you can get off of the deed you are free.
Can you quick claim deed if house is in foreclosure?
You could file a quit claim deed. It will not remove your obligations under the mortgage and since the quit claim means they get the same rights you have, it doesn't to any good, except if there is any equity in the property after the sale, they will get it, not you.
Where do you file a quit claim deed?
A quit claim deed is a very simple form, you can probably get one online or at the courthouse or a title company. Anyone can file the deed, it is just a matter of taking it to the court house and paying the fees.
what is a ouick claim deed?
Quick Claim Deed is usually misspelled and should be Quit Claim Deed. If you are granting the deed you are "quitting" any interest in the property. A quitclaim deed is a fast and effective way of transfering property.
If you have a house before you were married in nys does it get split in a divorce?
No, not unless you put your spouse on the deed.
Can I quick deed my father's house he died in March?
If you are not on the title, no, you cannot quit claim the deed. The executor of the estate will have to execute a transfer of the property, once the estate is settled.
