No. If you purchased a home for your daughter or you did repairs to the home, this would be a personal expense and you would not be able to claim it as a deduction.
If your name is on the deed, then when you sell the home the cost of purchase and major renovations will be part of your cost basis and will subtract from the profit on the home.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
