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  • Re: My son lives in my 2nd home year round and pays the mortgage which is a lot less than fair rental prices. Do I report it as income or is this a case of cost sharing with a close family member?
M-MTax
M-MTax
Level 12
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Investors & landlords

Yes, it's arguable, isn't it?

 

Not a gift but then this is not really a typical "not rented for profit" scenario, is it? 

2 weeks ago
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