luqui80
Mar 11, 2009, 09:44 PM
So last September I got married to my beautiful wife and we bought a house that is under her name, not mine. I also own my own 2 family home that I had been living in and renting out the second floor to students. Now my mother moved into the apartment that I was occupying so she is paying my part of the mortgage. Basically the house is paying for itself, but I have a really bad interest only mortgage and I'm not sure if my mother will be able to continue affording it.
Anyway, I'm in a really bad situation and don't know how I need to file my second home.
What is the best way to file my taxes and still be able to keep my second home as my primary residence, or can this not be done? Not sure if this would be fraud or not :confused:
Please help if you have any ideas.
Thanks in advance
Anyway, I'm in a really bad situation and don't know how I need to file my second home.
What is the best way to file my taxes and still be able to keep my second home as my primary residence, or can this not be done? Not sure if this would be fraud or not :confused:
Please help if you have any ideas.
Thanks in advance