opst2323
Returning Member

Does trustee of grandmothers rental property get repair and property tax deductions

An estate lawyer recommended grandmother adding grandson as trustee of rental property instead of adding his name to deed of property. She wants to release all her responsibilities to the property. Grandson will get rental income after some repairs made.  Can grandson deduct the expenses of rental and repairs needed to that property as its trustee in grandmothers trust while Grandmother is still alive.