I have rented a secondary home from my mother for the past 10 years. She has never lived in it. This is my primary home the entire time. She has never put a penny in this home. My rent could be cosidered below market value, but I pay mortgage, hoa, insurance, taxes, repairs and all maintenance. I have put up privacy fence, new a/c, wood floor, etc. is she required to report any of this as income? She wants to evict me now and realize the $250,000 appreciation after originally agreeing that I could pay for my inheritance.
You'll need to sign in or create an account to connect with an expert.
You do not have an income tax question----which is what this user forum is for. You have a legal issue for which you need to seek legal advice. We cannot provide legal advice.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
shak0000
Level 2
Fatbottomboy
New Member
aE
Level 3
youinus2000
Level 2
hotsawce
Level 2
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.