{"data":{"id":"us-in/ic-6-1.1-51.3-7","jurisdiction":"us-in","citation":"IC 6-1.1-51.3-7","heading":"Trust eligibility for certain credits; requirements","body":"Sec. 7. A trust is entitled to a credit under section 1, 2, 5, or 6 of this chapter for real property owned by the trust and occupied by an individual if the county auditor determines that the individual:\n(1) upon verification in the body of the deed or otherwise, has either:\n(A) a beneficial interest in the trust; or\n(B) the right to occupy the real property rent free under the terms of a qualified personal residence trust created by the individual under United States Treasury Regulation 25.2702-5(c)(2); and\n(2) otherwise qualifies for the credit.","path":["TITLE 6. TAXATION","ARTICLE 1.1. PROPERTY TAXES","Chapter 51.3. Local Property Tax Credits"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-1.1-51.3-7","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"8d776544f97f6182ccd6c1e9ccdd2231c0e9a82ad58515d87f429bfc75feebfd","source_id":"us-in","stale":false,"prev":"us-in/ic-6-1.1-51.3-6","next":"us-in/ic-6-1.1-52-1"},"notice":"GroundRules: Original legal text. Not legal advice."}