Skip to main content
October 12, 2024
Question

I am the power-of-attorney for a home my daughter owns in another state. I make the rental decisions and pay expenses. Can I claim on my taxes? What abt 1st yr deprec?

  • October 12, 2024
  • 1 reply
  • 0 views
I'm on disability and don't have to file.  I was trying to see if I could recover some of the expenses I've paid out.

1 reply

Employee
October 12, 2024
No text available
tbertoloAuthor
October 14, 2024

Thank you.  I appreciate your answer.  That saves me a lot of stress.  Can I possibly ask one more question?  If so, I wanted to know since she owned the home since 11/30/2021 and did rent it in 2022, prior to making me her power of attorney, can she file an amended return for 2022 and 2023?  FYI - reason for the power-of-attorney, she's in prison.

Employee
October 14, 2024
No text available