Investors & landlords


@AmeliesUncle wrote:

I disagree with the reasoning of the others.  

 

By that reasoning, you would seemingly be saying that there is no such thing as a not-for-profit rental.

 

 


A "not for profit" rental would be renting to an unrelated person for less than fair market value.

 

Renting to a relative, specifically a lineal descendant, at below market rate, is a personal use.

 

"A member of your family or a member of the family of any other person who owns an interest in it, unless the family member uses the dwelling unit as their main home and pays a fair rental price. Family includes only your spouse, siblings, half siblings, ancestors (parents, grandparents, etc.), and lineal descendants."