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In MO can you be charged a break lease fee if go into a nursing home & can’t fulfill your apt lease?

kayayurt — Tue, 18 Jan 2011 06:19:09 +0000

Question by Pamela S: In MO can you be charged a break lease fee if go into a nursing home & can’t fulfill your apt lease?
My mother’s doctor recently discharged her from 22 days in the hospital to a nursing home. Now the apartment complex wants to charge her a break lease fee because she has to give up her apartment before the end of her lease.

Best answer:

Answer by Fort Sill Army Wife
Yes they can, sorry to say it but they are in business and do not care about the reason you are breaking a lease

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My aunt is in a nursing home, my mom (her sister) moved into her house. Can my mother live there rent free?

kayayurt — Mon, 17 Jan 2011 22:19:53 +0000

Question by Sher T: My aunt is in a nursing home, my mom (her sister) moved into her house. Can my mother live there rent free?
I hold Power of Attorney for my aunt. My siblings are certain that my mom can live there rent free or I could just have her pay 1 penny. I heard that it has to continue to provide some revenue for my aunt. At least at fair market value. Who is right? thank you for any help you can provide.

Best answer:

Answer by duje
Ask a lawyer / solicitor to be sure.

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Son is 24 years old and lives at home with me,should I allow him to live rent free?

kayayurt — Sun, 16 Jan 2011 14:18:38 +0000

Question by Kalema: Son is 24 years old and lives at home with me,should I allow him to live rent free?
I am a singleworking mother and I put my son through college. He graduated two years ago and has not found a job. He has been on a few interviews,but not consistantly. I give him information,but he has not looked into anything. He hangs out at the clubs with friends all weekend,and will do chores only if I pay him. I do not want to see him on the street,but I take care of him, and three younger siblings all on my paycheck. Any advice would be apppreciated.

Best answer:

Answer by AL is legendary
you should tell him to move out he has a college degree he’ll make it you can’t just provide him your house to live at, and no offense but any man should be glad to do work for his mother that lets him live there without paying a dime. he will be fine

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Can my child live rent free in a 2nd home that I own without tax consequences?

kayayurt — Sat, 15 Jan 2011 15:00:11 +0000

Question by Bill: Can my child live rent free in a 2nd home that I own without tax consequences?
This is a home in VA. The house was bought for the purpose of providing her with a place to live. What are the consequences with the IRS? Is this considered to be a gift?

Best answer:

Answer by knowitall
Not unless you deed the house to her. Have it appraised, then give her ,000 worth each year until in full. There will be no taxes on this ( there still will be Real Estate taxes, of course).

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Break lease on apartment to rent a home instead?

kayayurt — Sat, 15 Jan 2011 14:59:26 +0000

Question by Lets get this straight: Break lease on apartment to rent a home instead?
My husband and I have found a big home in the neighborhood across the street from where our son goes to school. We would like to break our lease b/c it isn’t up until next June 2010. What are the rules and regulations on breaking a lease as far as paying it back? Is it a lump sum that we fork over or can we work something out that we can pay in payments?

Best answer:

Answer by HeatM1ser
The rules for ending the lease early will be stated in the lease itself. If there are no rules listed, then you can safely break the lease. If the landlord tries to sue you, he has a contractual agreement which does not define the terms of breaking your lease.

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Is there any country or region where there is no rent or mortgage for a home? I want to live rent free?

kayayurt — Sat, 15 Jan 2011 14:58:06 +0000

Question by jason p: Is there any country or region where there is no rent or mortgage for a home? I want to live rent free?
I am doing research and want to live in a rent free society if possible. I am 23, a hard worker and have 2 incomes but want to live stress free in my life. Looking to move to a place where there is no requirement for rent.

Best answer:

Answer by jlf
“There ain’t no free lunch.”

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Is rent deductible if you own a home, but must rent for work?

kayayurt — Tue, 04 Jan 2011 13:07:37 +0000

I currently own a home in Northern CA, but for job purposes have to rent in Southern CA. Is any of my rental payments deductible?

Does anyone know about Rent-to-Own a home? How does it work? And how many different ways can you do it?

kayayurt — Sun, 02 Jan 2011 12:55:53 +0000

We just started renting a house that we got to raise our three grandchildren in, and we’d like to make it permenant. We want to give them a secure future and want this house for them. Unfortunately we, do not have good credit, yet our landlord seems open to this. However, we are ignorant about it. Can someone educate us on Rent-to-Own a home? Thank You for any help you can give us. JoyBird

If you own a company and the company pays home office rent, does the company have to 1099 the owner?

kayayurt — Mon, 06 Dec 2010 13:03:34 +0000

If you own a company and the company pays home office rent, does the company have to 1099 the owner? In other words, I assume the office rent is rent exp to the company and the monies rec’d by the owner is rental income. How is the rental home rent income classified on the personal tax return.

How does the rent to own home process work?

kayayurt — Thu, 02 Dec 2010 13:10:21 +0000

I need to know how this process works. I am renting right now and I hoping to find a bigger place. I have had a foreclosure before and that’s why I am currently renting. Is there a way to get a list of the rent to own properties for my area? I am in colorado.