I own purchased a home for my daughter, she pays me %40 of the monthly mortgage duty and I income the rest.?
How will that affect me when I do my taxes?(in ontario)
Is there any special laws that benefit the situation in need paying any outstanding fee for rental income.
Do I have to claim it as a rental income if my daughter lives nearby?
Answers:
Just file them as if you are making the whole settlement and take the deduction for your time.
Related Questions:
Who wrote the first home mortgage contract?
I would like to know who first estblished the current standards of a home mortgage. In other words, where did the process of charging mortgage interest by the current method where on earth you pay two to three times the amount to purchase a home. ...
Is there any special laws that benefit the situation in need paying any outstanding fee for rental income.
Do I have to claim it as a rental income if my daughter lives nearby?
Answers:
Just file them as if you are making the whole settlement and take the deduction for your time.
Related Questions:
Who wrote the first home mortgage contract?
I would like to know who first estblished the current standards of a home mortgage. In other words, where did the process of charging mortgage interest by the current method where on earth you pay two to three times the amount to purchase a home. ...