Realstate
Returning Member

Brother lives in my house but pays for all expenses including mortgage, how do I fill out schedule E?

Hello,

I took out a rental property loan in order to buy a house for my brother since he didn't have his credit well established yet, he is currently paying for all the expenses including direct payments to the mortgage lender. In a couple of years we would like to transfer the mortgage to his name. 

Until then, how do I fill out Schedule E if I am not actually making any rental income? 

Thank you