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Financial Planning / Tax Strategies


Subject:  Re: Taxes and roommates Date:  6/17/2013  7:24 PM
Author:  foo1bar Number:  118704 of 123001

Yep. Although I still prefer Bill's suggestion of you renting directly to the other roommates. But if you want to go this way, your son would report the income and expenses on Schedule E.

I would look at landlord-tenant law for the area.

Renting a room in your home to someone *usually* gives you a lot more leeway on landlord-tenant law th