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Deductions & credits
You did not ask----but have you had some legal advice from an elder care attorney regarding your dad "giving " the house to you and going into a nursing home? If your dad goes on Medicaid there will be a five year lookback on any assets he gave away before going on Medicaid, and they could go after that house. Make sure you have had some good legal advice.
**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.**
March 23, 2022
5:19 PM