My mom transferred her manufactured home into my name late this year because her health continues to fail. It should have been in my name all along because I took out the loan to buy her house and have been making all those payments. I have now paid the 2nd half of the property taxes and a full year of Landlord insurance on the house. I do NOT charge my mom rent since she does pay rent to the park where her house is physically located. How will this affect my taxes? I have our own home mortgage already. Do I claim just the payments that I have made on the house (insurance and taxes) as well as the loan interest I pay on the house? Do I report any maintenance that we do to the house?
