I met Jennifer at my office one Saturday morning to help her get pre-approved. One look at her finances and I knew this was not going to be a cookie cutter transaction. For starters she was on the deed to her current residence, but the NOTE was in her boyfriend’s name. She had been claiming the interest deduction on her tax returns though she is not the rightful recipient of this deduction. Secondly, she owned a rental property that her brother rented from her. However, she did not claim a schedule E … (8 comments)
;)
;)
