Is there any guidance regarding what may be considered a cost of living that may be shared among roommates in a cost-share arrangement that is below FMV?
While electric and utilities are an obvious "yes" for costs of living that may be shared, what about things like...
- lawn care
- pest control
- home insurance
- property taxes
- home mortgage interest (NOT including mortgage amounts paid towards the principal)
Also, if there happens to be any guidance in an IRS pub on this topic, I would LOVE to review that info... I have yet to find it when I recently looked through IRS pub 527.
Again, I truly appreciate everyone's time and input. Thank you!
