My husband and I live in Maryland. In May, we jointly purchased a house in Texas with our daughter. We a ll pay towards the Mortgage/P&I/escrow each month. My SSN was used in the purchase, and our daughter does not itemize. Can I declare the deductions -- and do I need to declare our daughter's portion as income? We keep track of what portion of the house is owned by her, but that doesn't mean the IRS knows that. Thanks.
