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Get your taxes done using TurboTax
So here's the real kicker. My husband gave the one property to his son in 2021. The other property in the group will be given to his son to claim when he passes. So on the 2020 we would put 7 in the group and later when my husband passes, there will be 6 in the group. My husband has held on the one rental in case the income is needed for medical expenses. I don't want a nightmare as you state and wonder if I should leave the one property out of the group that was given to the son to manage as of 2021. I then wonder if we should only put 5 in the group because of the future plans. I would like to put the 7 in the group this year and 6 in the group on 2021 taxes. It's complicated. Thanks for your time. I would like any suggestions you may have.