
Quoting
ml3000
Hello,
I have a question about filing our taxes...
so during this summer we went ahead and purchased a house. Well my parents did on paper because our credit was not the best and they wanted to help us be able to buy a house before they retired. From the down payment to all the payments on the house we have made ourselves. Everything that comes in the mail though and on our mortgage papers is my fathers name. If we have a paper trail though with all the payments and where they came from and he doesn't claim the house on his taxes. Can we? We would like to be able to have the benefit of claiming our home on our taxes but are unsure on how that would work if the house is technically under his name. Please advise.... Thank you!