If I paid all the real estate tax on my 2nd home, can I split the real estate tax deduction with a relative?
I'm the register owner of the house, but my relative co-sign the loan for the house.
I'm the register owner of the house, but my relative co-sign the loan for the house.
One can only deduct property tax on property he/she owns and actually pays for out of pocket.
So, splitting the property tax expense will not benefit you or the relative in question-you should deduct the entire payment
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