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Personal Finance and Investing

3Hotdogs

(13,767 posts) Thu Sep 1, 2022, 11:01 PM Sep 2022

will pay towards expenses, enough to cover utilities and portion of property tax.

There will not be profit from this.

Is it taxable?

8 replies

= new reply since forum marked as read

Highlight:

Family is not taxable. Turbineguy Sep 2022 #1

I don't think that's quite right. spooky3 Sep 2022 #2

You're welcome. I think you'll find the answer in that spooky3 Sep 2022 #8

We will not claim any deductions for operating the house. 3Hotdogs Sep 2022 #7

This is not the place to ask questions like this. euphorb Sep 2022 #3

I stayed w/ my sister for a couple of years Deuxcents Sep 2022 #4

Ask an accountant or a lawyer PJMcK Sep 2022 #5