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.**