Legal Question in Family Law in Texas
If I buy a house for my daughter who is in the middle of a divorce can she deduct rental payments paid monthly to me since I am funding the house Her husband still lives in their home and pays the mortgage. I could put her daughters name on the deed but then the husband would not believe she is paying rent. But in my name I would charge her rent with a receipt each month to show her living expenses. Would it be better in my name so she could show rental payments Her daughter lives with her.
1 Answer from Attorneys
You need to be careful since she is in the middle of a divorce. If any property goes into her name it could be considered community property and he would be entitled to 50%. I recommend that you talk to her attorney. Also, many judges "suspect" family member transactions so you must be able to document everything - she needs a real lease and she needs to pay you each month in a timely manner - otherwise it could be considered "suspicious" by the judge.