Solved
We purchased our parents property this year to avoid them losing the asset because of financial hardship. They do not pay rent. Should we report this a rental property?
No text available
You have a 2nd home. The mortgage interest and Real estate taxes are deductible, on schedule A, on up to two homes.
That will come up in the TurboTax interview
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint are registered
trademarks
of Intuit Inc. Terms and conditions, features, support, pricing,
and service options
subject to change without notice.
Security
Certification of the TurboTax Online application has been
performed by
C-Level Security.
By accessing and using this page you
agree to the
Terms of Use.
Accessibility
