Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Personal Finance and Investing

3Hotdogs

(13,638 posts)

7. We will not claim any deductions for operating the house.

Reply to spooky3 (Reply #2)

Fri Sep 2, 2022, 06:53 AM

Sep 2022

It is not a business and has never been used for rental income. We bought it 50 years ago and Three of us owned it. Kids lived here until they moved out.

L and K became legal domestic partners. L died last year and her daughter wants to move in to L's apartment.

Daughter would be considered K's step-daughter.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

8 replies

= new reply since forum marked as read

Highlight:

Tax question. Our step daughter and family may move in with us in October. 2nd floor apartment and [View all] 3Hotdogs Sep 2022 OP

Family is not taxable. Turbineguy Sep 2022 #1

I don't think that's quite right. spooky3 Sep 2022 #2

No. They will be contributing equally to the cost of running the house. There will not be excess 3Hotdogs Sep 2022 #6

You're welcome. I think you'll find the answer in that spooky3 Sep 2022 #8

We will not claim any deductions for operating the house. 3Hotdogs Sep 2022 #7

This is not the place to ask questions like this. euphorb Sep 2022 #3

I stayed w/ my sister for a couple of years Deuxcents Sep 2022 #4

Ask an accountant or a lawyer PJMcK Sep 2022 #5