Daycare and Home Ownership requirement?
Hi, I am a owner of a home in which my fiancée does daycare out of. I guess I have a few questions as to what we should do to help her with the end of the year tax situation.
Will she have to be on the Deed (and/or) Mortgage in order for her to deduct items such as the driveway we put in? The outdoor playset that we bought? And many other items.
How do you go about changing items such as the deed and mortgage names? Is this done through an attorney? County? I assume I go to the office where I closed on my house for the mortgage part? Wells Fargo Bank?
Any help that others can give will be greatly appreciated.
Thanks, Jamie