Name on deed but not mortgage. Can it still be a rental property?

[Shauna Adams]

Hello,

My sister and I were recently added to a deed on a home via the quickclaim deed process, but we are not currently on the mortgage. Can this property still be considered an investment property? We are weighing whether or not a refinance is required. We plan to do extensive renovations/updates to the property, but want to make sure legally we can claim it as an investment property even though our names are not on the mortgage. We have already claimed all financial responsibility for the property (taxes, insurance, repairs, updates).