home tax shelter question
We are a married couple and buying our first home I am planning to sign the mortgage loan under my name only and not have my wife as a cosigner for these reasons.. to stay with in our budget regarding the loan.. to protect her credit in the unfortunate event of foreclosure.. to allow possibel financing for an investment property in the future.. my question is this.. 1. will her name be on the title 2. if we file our taxes jointly, can we still deduct our mortgage taxes etc?? thank you
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(Source: mortgagefit.com)
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02-05-2008, 04:26 PM
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