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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Property in Trust / Primary Residence Tax Exemption Posted by Jk (the other Jk) on April 07, 2004 at 10:38 AM Am I correct in assuming that you can take the 2 year Primary Residence Tax Exemption whether or not the property is in a trust? Do you know where there is anything in writing substantiating that? Does the loan need to be in the owner's name? What if 4 family members all live in a primary residence and they all pay the mortgage, can they write off 1/4 of the mortgage interest each every year? Follow Ups: Re: Property in Trust / Primary Residence Tax Exemption Craig in LA 6:28 PM, 04/07/04 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Am I correct in assuming that you can take the 2 year Primary Residence Tax Exemption whether or not the property is in a trust? Do you know where there is anything in writing substantiating that? Does the loan need to be in the owner's name? What if 4 family members all live in a primary residence and they all pay the mortgage, can they write off 1/4 of the mortgage interest each every year? Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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