I pay the mortgage on a house that is not in my name on the deed/statements. Can I claim it as rent in Michigan without the owner having to claim payment as income?

sasquatch4326 · ‎June 6, 2019

I pay the mortgage payment on a house that is not in my name on the deed or statements. I know I can not claim the mortgage deduction/property tax deduction. My question concerns the possibility of claiming rent on my state taxes in Michigan. If I do claim it as renting will the third party (owner of the mortgage) have to claim the "rent" as income?

WillK · ‎June 6, 2019

No, if you claim it as rent on your return, the other party has to claim it as rental income on their return.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Expert does your taxes

Do it yourself

Resources

Support

I pay the mortgage on a house that is not in my name on the deed/statements. Can I claim it as rent in Michigan without the owner having to claim payment as income?