Mortgage Interest Deduction for Unmarried Couples

By |2017-05-24T13:42:05+00:00August 22nd, 2016|Categories: Tax Planning|Tags: , , , |

Last year’s decision by the U.S. Court of Appeals has created new tax planning opportunities for unmarried couples. The IRS position had been that mortgage interest limitations apply on a per-residence basis, but the Appeals Court rejected the IRS view, ruling that the debt limit provisions should be applied on a per-taxpayer basis for unmarried [...]