Should I report rental income from my parents' rental property, if I am on the title as joint tenancy ? My parents paid the house purchase and all loan costs.
Should I report rental income from my parents' rental property, if I am on the title as joint tenancy ? My parents paid the house purchase and all loan costs.
Should I report rental income from my parents' rental property, if I am on the title as joint tenancy ? My parents paid the house purchase and all loan costs.
If you are not receiving any of the rental income, then you don't need to report anything about it on your return.
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