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Q: Can you buy a house and someone else claim it on their taxes?
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Related questions

Can mother claim child on taxes when she has given someone else guardianship?

Geneally they have to be in your home 6 mos. or more to qualify.


Can you and someone else claim you?

yes


When are you eligible to claim yourself on taxes for 1040?

You are not eligible to claim yourself as a dependent on your federal taxes -- ever. However, you are allowed to claim a personal exemption for yourself if and only if no one else can claim you as a dependent, whether or not they actually claim you.


If you buy a house in someone's name with their permission have they got a claim in the house?

If you bought a house in someone else's name, then the real question is do you have a claim on the house?One can have a claim on a house in several ways.1. Their name is on the deed.2. They are married to someone who's name is on the deed. (community property state)3. They are the bank or lending agency holding the mortgage.4. They have a lien on the house for legitimate money owed.Find out which of those applies to him/her and which applies to you. You may also wish to consult with a local attorney to get more specifc information to your situation.


Can a person put someone else's name on a house and sell it?

It is illegal to sign someone else's name on a legal document, such as a deed to a house, without their knowledge and consent. Selling a property that is not legally owned by the seller is considered fraud and can have serious legal consequences.


Should you claim yourself as an exemption?

Sure you should. As long as your parent or someone else is not eligible to claim you on their return then you should definitely claim yourself. It is an automatic calculation as long as you do not mark the return that someone else has claimed you on their return.


CAN YOU CLAIM BROTHER AS A DEPENDENT?

If your brother-in-law receives more than half of his financial support from you and is not claimed as a dependant by someone else, you may be able to claim him as a dependant on your US income taxes. Check with a good tax adviser before doing so.


Can you by someone else a house in yoville?

No


Can you claim your brother-in-law as a dependent?

If your brother-in-law receives more than half of his financial support from you and is not claimed as a dependant by someone else, you may be able to claim him as a dependant on your US income taxes. Check with a good tax adviser before doing so.


if a person haven't paid taxes on a peice of property for over six years can someone else catch up the taxes and claim the property?

Depending on the specific laws in the jurisdiction where the property is located, it may be possible for someone to pay off the back taxes and potentially claim the property through a process known as adverse possession. However, the requirements and conditions for adverse possession vary widely by location, and seeking legal advice is crucial in such situations to understand the options available.


How do you avoid capital gains taxes?

You need to invest in someone else's name.


Is it better to have more dependents on your taxes?

No, it will actually give you less. If you are being claimed as a dependent on someone else's return, then you cannot claim yourself on your own return.