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Updated almost 10 years ago, 01/15/2015
Can I claim my dad's property income on my tax return?
My dad just purchased a 2 unit property and everything (mortgage, deed) is under his name. He is letting me completely handle the management of the property, finding tenants, collecting rents, etc.
My question is can I claim the rental income on my tax return even though I do not own the property? I currently do not have a W-2 job so I would like to report this as income in order to qualify for a loan later on.