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Author: tb123 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121566  
Subject: homeowners tax when no mortgage? Date: 7/12/2000 11:31 AM
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My fiance and I are house shopping. A family member has offered to "loan" us the money for a house, as long as it goes in my name (and not both of ours). How will this affect us when we file our taxes once we are married? Do we need to file separately? Because we have no mortgage interest, is there any other deductions we can make or is it possible we might be penalized?
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