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March 31, 2022
Question

Can I file the interest on a loan that I have inherited from my mom’s death? I have a new deed but I need transfer the loan into my name.

  • March 31, 2022
  • 1 reply
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1 reply

ColeenD3
April 2, 2022

Maybe. It is best to make the change as soon as possible. The fact that you are on the deed helps.

 

 There is a doctrine called constructive ownership that the tax court has used to sometimes recognize that a non-owner has the privileges and duties of ownership, but it can be a difficult argument to make.