3
votes
3answers
194 views

How to protect your parents if they never paid Social Security?

I am helping a friend with some financial advice, but his situation is very unique. His mother (US Citizen) married a foreign national. He worked all his life as a merchant or in a restaurant he ...
12
votes
1answer
465 views

Do I actually have to pay my daughter minimum wage for helping around the house?

I blogged about my discussion to this question. When I mentioned that I paid my almost-six-year-old daughter $2 for a job that took an hour I had a commenter say that I paid her "below minimum." ...
8
votes
3answers
3k views

If I pay someone else's property taxes, can I use it as a deduction on my income tax return?

I'm planning on paying the property taxes of a home my mother-in-law owns. She owns the house, but I live there. As part of the bargain, I agreed to pay the property taxes. If I write the check ...