Libby Mirza
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RE: Own rental property with daughter. I receive full rent. Should she be taxed?
Many thanks for coming back to me. I’m still a little unclear. If I get ALL the rental income, out of which the mortgage and expenses are paid and she receives nothing at all. Will she have to pay ANY tax? Thank you -
Own rental property with daughter. I receive full rent. Should she be taxed?
I own a rental property with my daughter, joint mortgage, all remaining rent comes to me. Should she pay tax? Legally can we change it so that she retains name on title but I receive full rent?