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Level 1
March 14, 2026
Question

cost sharing vs rent

Grandson gives me $200 a month for rent or should it be cost sharing. he is on disability and helps with his childs expenses. So far for the past three months utilities have trippled. He doesn't contribute towards food any more. I'm on a fixed income (retired) I make no money from what he gives me. He's 30 years old now but needs a place to stay. I feel it should be cost sharing not rent.

    2 replies

    DoninGA
    Level 15
    Level 15
    March 14, 2026

    Yes, that is cost sharing.

     

    M-MTax
    Level 15
    March 14, 2026

    If he lives with you, then it is cost sharing.