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Question:
My wife co-owns a home with her parents: All 3 are on the mortgage and title.
Can the parents Rent the property to my wife and still claim all the tax deductions?
Does my wife have to sign a lease on a property she owns?
My wife co-owns a home with her parents: All 3 are on the mortgage and title.
Can the parents Rent the property to my wife and still claim all the tax deductions?
Does my wife have to sign a lease on a property she owns?