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amount of $27,927. These three deductions all related to a house
located at 4026 Bronx Boulevard, Bronx, New York. The owners
listed on the title to this house were Madhu Nair, petitioner’s
father, and P.J. Sabastin, an unrelated individual. A mortgage
loan on the house had been acquired through Greenpoint Mortgage
Funding, Inc. (Greenpoint) in the names of petitioner’s parents,
Madhu Nair and Saroja Nair. Greenpoint sent to petitioner’s
parents a 2003 Mortgage Interest Statement reflecting $4,418.32
of mortgage interest received during 2003 and real estate taxes
in the amount of $2,458.89 paid in 2003.
Petitioner started making payments related to the house in
2002, when he started working, and he continued to do so beyond
2003. Petitioner provided some, but not all, of his bank account
statements for 2002, 2003, and 2004, which clearly show that
petitioner did make payments to Greenpoint. These payments were
in the following amounts: $930.16 in May 2003, $965.62 in July
2003, $965.62 in August 2003, $965.62 in September 2003, $965.62
in October 2003, $965.62 in November 2003, $965.62 in December
2003, and $965.62 in January 2004. In total, petitioner paid
$6,723.88 to Greenpoint in 2003. The mortgage interest statement
indicates that Greenpoint received $11,474.27 in payments in
2003. The record is silent as to who paid the $4,750.39
difference.
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