TurboTax Dummy Here.....

Well this is the first year i will be filing for my own taxes…well im fuckin stuck on the first question hahaha
Did I buy a House in 2007?

Well i cosigned with my dad for the house i live in now in 2007…
So does that mean i brought a house? when im a cosigner?

is your name on the mortgage loan? and on the deed?
did you pay interest on the mortgage loan?

yes, yes, and yes? yes.

where do you think you brought it? anyway, cosigning for a house is not buying a house. are you making any payments? if not, you didn’t buy a house.

No, i dont pay for the mortgage but i do pay some rent…

then question #1 is a No

$0.02. Its your judgment call from here on out:

If you got a statement from the bank with your name & ssn on it stating this is how much interest you’ve paid for 2007, then you can claim that.

If your name is on the property deed, you’ll have a legal leg to stand on in a tax audit.

However, once the auditor sees that you don’t have any canceled checks made payable to the mortgage, consider that leg to be limp.

sweet!

lol, not the response I was hoping for.

Good Luck!

and if you can’t claim the house, claim the rent