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#773996 - 10/10/17 12:49 AM Refinancing Costs With Community Home
Divorce2333 Offline
recently joined

Registered: 10/10/17
Posts: 1
Hello,

Does anyone know the Arizona State law for the following situation:

Wife will be staying in the home but refinancing to buy-out husband for his portion of the equity and husband will be purchasing another home. Does the wife get to deduct the costs associated with the refi or is it assumed that the husband will be getting a home on his home and it is a wash? Anyone know what the courts will rule on this?

Thanks.

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#774021 - 10/25/17 10:17 PM Re: Refinancing Costs With Community Home [Re: Divorce2333]
JeremyR Offline
recently joined

Registered: 10/25/17
Posts: 3
Loc: Santa Barbara, CA
Hi,

It probably makes sense to run this by your accountant for clarification. You and your wife may be able to each deduct half but I would lean on a CPA to be sure.

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