Thank you for the reply! Yes our mortgage is $1305, we effectively are charging two roommates $500 each and our daughter (we cover the difference to meet the mo...
Thanks for the reply! So, even when she pays the 500$ for those 3 months, the rate for all 3 tennants is still below fair market value (by $150-$200). This was ...
So yes, it is a second home, and we are charging far less than market value for all 3 students. Even if our daughter 'contributes' $500 for the summer months, i...