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Home > Money & Services > Taxes   »   contract for deed

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Old Jul 21, 2007, 10:38 AM
tmarx68
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contract for deed
I am entering into a contract for deed will I be able to write off the intrest I will be paying on my taxes?

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Old Jul 21, 2007, 10:58 AM   #2  
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Assume this is for your personal residence and the house serves as collateral.

If so, then, yes, you CAN deduct the interest paid.
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