Should I be paid for my helping my mom stay in independent living for tax purposes?

My mom lives in her own home with private pay care, paid for with her IRA/401K savings withdrawals which never had been taxed. All of her home expenses and health care expenses off-set any taxes that she owed. I don’t know how it works with rental income. A CPA & my brother handled all the tax stuff, so that’s all I know.

tapgurl, this is something you would need to check with a CPA or Tax Accountant about Mom paying you. If yes, then you would need to draw up an employment contract with Mom saying how many hours you would work, the hourly rate, who would be paying the payroll taxes, and your job assignments.

And the CPA or Tax Accountant would know if there were any major changes to investment property expenses made by the new Tax Reform. What is still allowed and what is no longer allowed as expenses.