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>>My GF is buying a condo, and her father is helping her with a down payment. They are hammering out a fair agreement between the two to share the benefits of ownership. I read somewhere that in this kind of arrangement, it is possible to share the interest deduction. Is this true? And if so, how can one person who isn't paying any of the mortgage payments (her father) claim part of the deduction when she is making all of the interest payments?

He can't. You can't legally deduct what you don't pay. You also can't deduct mortgage interest you DO pay if you are not legally liable for paying the mortgage. So, in order for her father to legally claim a portion of the mortgage interest, his name must appear on the mortgage and he must actually pay something towards the mortgage.

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