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-   -   Contract for deed (https://www.askmehelpdesk.com/showthread.php?t=112085)

  • Jul 21, 2007, 10:38 AM
    tmarx68
    Contract for deed
    I am entering into a contract for deed will I be able to write off the interest I will be paying on my taxes?
  • Jul 21, 2007, 10:58 AM
    AtlantaTaxExpert
    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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