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What else can I help you with?
If your mother lives on your property and pays your taxes on agreement can they claim homesteading and possess the property?
No because you own the property and you would be the that one that should be paying the property taxes.
Can you claim plumbing repair expenses on your taxes on a rental property?
Yes. You claim income that you receive in addition to expenses like repairs, insurance, property taxes, depreciation, etc. This is the case with me assuming that you are the owner of property that you rent to others and not rental property where you are the tenant.
Can your parents claim you on their taxes if you claim one?
no, once you claim someone you cannot be claimed yourself
Can you buy a house and someone else claim it on their taxes?
no
Can a daughter who pays her parent's mortgage and property taxes claim the deductions on Sch A?
No, a daughter who pays her parent's mortgage and property taxes generally cannot claim those deductions on Schedule A. To claim mortgage interest and property tax deductions, the taxpayer must be the owner of the property or have a legal obligation to pay the mortgage. Since the daughter does not own the property, she is not eligible to claim these deductions, even if she is making the payments.
Can I do a quick claim deed on someone who has not paid the property taxes can I file a quit claim deed if I paid the taxes should I file for a quick claim deed?
A quit claim deed transfers ownership rights in a property but does not address any unpaid property taxes or other liens. If you have paid the property taxes, you may have a claim for reimbursement, but merely filing a quit claim deed will not resolve the tax issue. It's essential to consult with a legal professional to understand your rights and obligations before proceeding. If you're looking to formalize ownership, ensure all tax and ownership issues are resolved first.
Can someone claim you on they taxes if you have Medicaid?
You should report having a dependant in the home.
Is it possible to claim your property taxes if making below 10000.00?
Sure. If you itemize you can claim your full property taxes. And this is new for 2008: If you don't itemize, you can claim $500 of property taxes ($1000 if married filing jointly). See the instructions for line 40 of 2008 Form 1040.
What can you write off your taxes for an investment property?
I assume you mean property taxes. Yes, you can claim an itemized deduction on Schedule A.
If your mother lives on your property and pays your taxes on agreement can they claim homesteading and possess the property?
No because you own the property and you would be the that one that should be paying the property taxes.
Do you have to pay tax on an adverse possession property to claim title. If so how can this happen if you do not own it?
Yes, in many jurisdictions, you must pay property taxes on an adverse possession property to claim title. This requirement is based on the principle that to gain ownership through adverse possession, the claimant must treat the property as their own, which includes paying taxes. Even if you do not have legal ownership, paying property taxes demonstrates your claim and intention to possess the property. Failing to pay taxes can undermine your adverse possession claim.
Can you claim plumbing repair expenses on your taxes on a rental property?
Yes. You claim income that you receive in addition to expenses like repairs, insurance, property taxes, depreciation, etc. This is the case with me assuming that you are the owner of property that you rent to others and not rental property where you are the tenant.
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?
It depends on the property, the law in that jurisdiction, the amount of taxes owed and the disposition of the property at the County Tax Assessor's office. If you are aware of such a property, contact the County Assessor for information.
Can your parents claim you on their taxes if you claim one?
no, once you claim someone you cannot be claimed yourself
Can you buy a house and someone else claim it on their taxes?
no
Can a daughter who pays her parent's mortgage and property taxes claim the deductions on Sch A?
No, a daughter who pays her parent's mortgage and property taxes generally cannot claim those deductions on Schedule A. To claim mortgage interest and property tax deductions, the taxpayer must be the owner of the property or have a legal obligation to pay the mortgage. Since the daughter does not own the property, she is not eligible to claim these deductions, even if she is making the payments.
If I pay someone elses property taxes does the property become mine?
Answer:If you pay someone's property taxes you would be considered a volunteer. That wouldn't give you any fee interest in the property.Occasionally, tax authorities will put a property with seriously delinquent tax payments up for sale and then you could buy the property for the cost of taxes. Contact your local city or county treasurer who handles the property taxes for your area.
