Questions about house "owned" with sister

[tranquility]

Sorry to bother you all. I have one last question.

Since my sister has been paying taxes on the property and for the upkeep for the past 16 years is there some way we could structure that so that the gifting is less? Or is that information extraneous?

Thanks for all your help!

This is the same as the letter idea, so, no. If it were to be actually looked at, it could be considered income to you.

 

[SisterHelpPlz]

This is the same as the letter idea, so, no. If it were to be actually looked at, it could be considered income to you.

What do you mean by "it"?

 

[tranquility]

What do you mean by "it"?

Money paid for your benefit to another.