Adding name to parents house deed benefits?My mother is contemplating adding my name to the house deed. The house deed has 4 names on it: my parents and my uncle/aunt. My uncle got a loan from the house and was unable to pay it back. We all live under one roof so my parents have decided to make the monthly payments by renting out the rooms and paying my uncle/aunt their share of what the house is worth ($600,000). We can't refinance because of my uncle's bad credit. Is there any benefit in adding my name to the house deed? The plan is to take off my aunt/uncle's name and add mine. My mom believes that because I claim "single" on my taxes, this will positively benefit the mortgage somehow? She mentioned something about how the the tax that is taken from my paychecks can go towards the interest on the mortgage payments? I'm unsure about this whole situation so any help would be greatly appreciated. October 03 2013 - Outer Sunset00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.