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Rental vs 2nd Property
I currently own an older home that I have made significant repairs to for 2019 . My son lives in it for free. He did help with the improvements and pays for upkeep, utilities and such. I've been researching and see that I could consider his labor under Barter for rent but I'm wondering if anyone else has experience with this or recommendations.
This is a family home that has been passed from person to person in the family for years, I have no purchase cost but did pay for new roof, gutters, lots of structural repairs, and basically gutted the interior to make it livable. I'd like to find a way to recoup some of those expenses.
‎August 7, 2019
9:04 AM