Anonymous
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Investors & landlords
won't work. based on what was stated all use would be regarded as personal use. no depreciation would be allowed. doesn't matter whether he's on the title or not. paying his half of the mortgage is not rent.
the problem is that any day rented to a family member is a personal-use day unless the rent is at fair market value and the family member occupies the house as their principal residence.
‎October 21, 2020
1:18 PM
734 Views