Help me,
My husband and I ended up purchasing a condo for my MIL because she could not get a loan. But it is her downpayment and she is paying all expenses. I was treating it like a rental, bc I was unsure how to treat it--I have done that for 4 years. Now I would just like to try to add her to the deed and essentially not have it on my tax return. What do you advise? What are my next steps on turbo tax in order to make that transition? It has been haunting me for years, i would just like to clean this up--thank you! I would appreciate any help!
