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Home transfers in divorce can render mortgage interest non-deductible.

There are three parties to every divorce: the husband, the wife, and Uncle Sam. Uncle Sam is very picky about interest deductions on home mortgages, and a misstep can cost your client a tax deduction. Here’s a common situation that can trip you up, and ways to get around it. Your client agrees to transfer […]

Home transfers in divorce can render mortgage interest non-deductible. Read More »

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