If you know someone who owns a home but has not transferred the property into their name, or doesn’t know how, and is frustrated because they’re not getting the tax write off, then this success story will brighten their day.
Success story: Client has been living in her home for 10 years, inherited from her mother, (but property is not in her name).
She was making payments, but no tax write off since the mortgage loan is not in her name.
We were able to put the property in her name, keep the low, low property tax bill, and get the loan so she can now write off the property.
Getting the property out of the mother’s (who is still alive) name also helped the mother qualify for more benefits.