Tax Court: No Mortgage Deduction for Payments on Girlfriend’s Mortgage

in James David Jackson v. Commissioner, T.C. Summary Opinion 2017-11, the Tax Court held that the taxpayer could not deduct mortgage interest on mortgage payments made on the taxpayer’s girlfriend’s home, where he resided.

See full opinion at  James David Jackson v. Commissioner.

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.