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Do I own 100% of a single family home if I aqquired it through a quit claim deed?
Although my son quit claim his personal residence to me his name still appears on the mortgage/mortgage statements. If I rent the property and pay all expenses do I claim 100% of the property?
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June 5, 2019
5:47 PM
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Deductions & credits
Yes you may claim 100% of the mortgage interest and property taxes if you own the property, (name on the deed) and pay these expenses. Please refer to the Link below for more information:
June 5, 2019
5:47 PM