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If there are two owners then each has the right to claim half unless the owners have entered into some other agreement in writing.
If there are two owners then each has the right to claim half unless the owners have entered into some other agreement in writing.
If there are two owners then each has the right to claim half unless the owners have entered into some other agreement in writing.
If there are two owners then each has the right to claim half unless the owners have entered into some other agreement in writing.
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 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 you be reimbursed for property taxes from estate?
If the property is in the estate, the estate is responsible for them. You are entitled to be reimbursed if you have paid them for the estate. Submit your claim to the executor.
Can you claim street clothes on your taxes?
can you claim street clothes on you taxes
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.
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.
In most states and m?
In most states and most cases, the payment of property taxes, in and of itself, does not have bearing on the question of property ownership. It is possible that a co-owner of real estate paying property taxes over the course of years would have a claim against the other co-owner, but that only goes to a monetary claim for the taxes...not the joint ownership which it sounds as though was clearly established via a quit claim deed.h
Can you be reimbursed for property taxes from estate?
If the property is in the estate, the estate is responsible for them. You are entitled to be reimbursed if you have paid them for the estate. Submit your claim to the executor.
Can an executor of an estate remove heirs from a property that is designated to be sold in the will if those heirs have paid the property taxes?
Yes, if the property was owned by the decedent and the Will provides that it be sold. In that case, the executor must carry out the provisions in the Will unless the provision is changed by a court order. It is assumed that there are other heirs besides the ones who paid the taxes on that property. The heirs who paid the taxes can file a claim against the estate for the amount they paid in taxes and they can offer to buy the property from the estate if they wish to keep it. They should speak with the attorney who is handling the estate.
Having a quit claim signed and notarized who is responsible for property taxes back owed?
The new owner.
Can you claim adverse possession on property if you have paid delinqunt taxes and maintenance on the property for 17 years in the state of Texas?
I have paid delinquent taxes and maintenance on my deceased great -grandmother's property for seventeen years. She did not have a will. Can I file an adverse possession for the title on the property, in the state of Texas?
