I bought a home for my parents, and everything is in my name. I pay the mortgage, and they reimburse me the amount of the mortgage. Do I have to claim this as income?

[lumosfeather]

So how would it work if it is all in my name like that, but my dad is also on the mortgage (just not the deed) and I don't own any other property because I moved in with my bf

[DaveF1006]

It depends. To clarify, are you asking if you can take the mortgage interest deduction? If so, do you live in the house or does your dad? If your name is on the mortgage and the deed, you are entitled to the deduction. 

@lumosfeather

[Anonymous_]

@lumosfeather 

You should really start your own thread and post more details.

This thread is years old and may contain information that is not relevant to your scenario.

[ronglenna1]

I own 4 houses,1# i live in23 that i rent out and the 4th my srepson and his family livein. I do not charge any rent.All homes are paid off. I pay the taxes and the repairs,can i deduct anything for this house.

[Carl]

can i deduct anything for this house.

Which one of the four houses are you referring to as "this" house?