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Michelle Gor…, Real Estate Pro in Grand Rapids, MI

I got an e-mail yesterday and was asked this question....My wife and I filed backruptcy last year and it

Asked by Michelle Gordon, Grand Rapids, MI Fri Jan 30, 2009

was discharged in November. My question is are we still able to claim the interest that we paid on both mortgages in the first part of the year and also if the paperwork will be easy enough for me to sort through myself? I always do our taxes and have never had a problem before but wanted to be sure that this would not present an issue this year. Can nayone advise?

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3
They need to ask a task adviser. They are likely to get opinions here from people who are not qualified to give them tax advice.
Web Reference: http://miOaklandCounty.com
1 vote Thank Flag Link Fri Jan 30, 2009
Maureen Fran…, Real Estate Pro in Birmingham, MI
MVP'08
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Thanks Mike for your responce! You are a very good tax accountant..............I am posting your info here:

Mike Martin:

MARTIN & COMPANY, LLC

1324 LAKE DR SE STE 3

GRAND RAPIDS, MI 49506

616-742-6149
0 votes Thank Flag Link Fri Jan 30, 2009
Yes the interest remains deductible, notwithstanding the bankruptcy

I don't know if the paperwork will be easy enough...I prepare taxes for a living...no one should do their own taxes :) just kidding! actually, I'm not :)
0 votes Thank Flag Link Fri Jan 30, 2009
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