Can I deduct property taxes paid by seller for a rental?

1. Loan must meet AFR rules (meaning dad's including the minimum rate in income even if the contract doesn't state it). 2.

He includes it. This is true even you don't deduct it. 3.

You deduct it. 4. Keep good records as there won't be a 1099-INT.

"See Attached" is the rule. He lists your name and ssn on his return's schedule B; you list his name and SS on your schedule E.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.

Related Questions