I live at a house where I pay all utilities, phone, electricity, Cable/Internet, and maintenence costs. The house is Not in my name, but the person whos name it IS in, lives there and doesn't work or do anything what so ever. Can I claim as head of the household and legally claim the house?
2006-08-14 05:43:49 · 12 answers · asked by Anonymous in Education & Reference ➔ Financial Aid
For financial aid purposes you don't want to. It would be a stretch anyway, but if you have a large asset like a house, you'll get less, if any, aid.
2006-08-14 05:50:58 · answer #1 · answered by Arrow 5 · 0⤊ 0⤋
Claim the house for what? Your property? No, of course not. Your name isn't on the deed. It doesn't matter who pays the expenses.
What do you mean about "head of the household"? Claim that for what? Income tax filing status? Do you have dependant children who live with you and are you single or married and not living with your spouse? If so you may be able to file as Head of Household for tax purposes but that has nothing to do with ownership of the house.
And no, you can't claim the tax deductions for mortgage interest and property taxes unless your name is on the deed.
2006-08-14 05:53:58 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 0⤋
Nope. Whoever has their name on the mortgage or the deed, it's their house, regardless of who pays the bill. Mortgage companies don't care as long as they get their money. You can claim head of household for tax purposes and claim everyone who lives in the house as a dependent, provided you're taking care of their living expenses, but that won't get you any closer to making the house "yours."
2006-08-14 05:50:54 · answer #3 · answered by sarge927 7 · 0⤊ 0⤋
i'm no longer an accountant, despite the fact that it may look actual looking which you are the pinnacle of important different and toddlers, imparting the lion's share of the funds. Your father's call and social protection extensive type are probable on the non-public loan, so which you won't be able to declare the pastime deduction at present, however the money you supply to him with the intention to pay his mortgage could desire to nonetheless qualify you as HOH.
2016-12-17 10:40:24 · answer #4 · answered by ? 4 · 0⤊ 0⤋
You can claim to be head of household, but you can't "claim " the house.
Why in the world don't you take your paycheck and get out of that situation?
Figure out a way you can make a rent payment and you're out of there! Is it just a convenience, or are you in love? Sorry, if it is love, you are trapped.
2006-08-14 05:52:56 · answer #5 · answered by NANCY K 6 · 0⤊ 0⤋
its best to contact an attorney considering laws have changed recently but my guess would be 'no' you could no claim the house cause your name isn't on the agreement and if you were going to claim it, you would need proof that it is in your name.
be safe and call a legal professional for your answers.
2006-08-14 05:52:30 · answer #6 · answered by If u were wondering, It's me 5 · 0⤊ 0⤋
Sorry Charlie- Nope! You have to be on the mortgage to claim the taxes and etc in most states.
2006-08-14 05:49:48 · answer #7 · answered by annathespian 4 · 0⤊ 0⤋
NO.
You can claim to be head of household on your income taxes though. By the way, are you completely nuts?
-Dio
2006-08-14 05:49:52 · answer #8 · answered by diogenese19348 6 · 0⤊ 0⤋
you pay for the house note as well? you didnt mention that. why dont you get your own house under your own name? then you wont have to worry and you'll know everything is under your name.
2006-08-14 05:51:21 · answer #9 · answered by Lipstick 4 · 0⤊ 0⤋
No, the only way would be to provide proof that you pay the mortgage, you need cancelled checks to prove it. (of course from YOUR checking account)
2006-08-14 05:51:01 · answer #10 · answered by Anonymous · 0⤊ 0⤋