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March 15, 2022
Question

Should I add property taxes even though I don’t own a house but I paid for those taxes?

  • March 15, 2022
  • 2 replies
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The property is in my father’s name

2 replies

March 15, 2022

you made a nondeductible gift.

 

Employee
March 15, 2022

The Tax Court wrote "Interest paid by the taxpayer on a mortgage upon real estate of which he is the legal or equitable owner, even though the taxpayer is not directly liable upon the bond or note secured by such mortgage, may be deducted as interest on his indebtedness. * * *"

Read more here 

 https://www.leagle.com/decision/1997145074intcm137611203