If My parents deeded their home to me about 10 years ago. They have a right to live there the rest of their lives. i do not live there. can i deduct property taxes?
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1 Best answer
KrisD
Intuit Alumni
Jun 6, 2019 12:18:18 AM
Yes, if you are on the deed, or you are the Remainder on a Life Estate Deed, and you make the payments, you may claim those payments.
1 Replies
KrisD
Intuit Alumni
Jun 6, 2019 12:18:18 AM
Yes, if you are on the deed, or you are the Remainder on a Life Estate Deed, and you make the payments, you may claim those payments.