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Level 1
June 6, 2019
Solved

If I no longer need my home interest payments and my real estate taxes as exemptions, can I give those deductions to my son. He lives in one of my homes.

  • June 6, 2019
  • 2 replies
  • 10 views
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Best answer by xmasbaby0

No, you cannot do that unless his name is on the mortgage or the deed, and he made the payments.

2 replies

xmasbaby0Level 15Answer
Level 15
June 6, 2019

No, you cannot do that unless his name is on the mortgage or the deed, and he made the payments.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
June 6, 2019

These expenses are only deductible by the person that pays the expenses.