How much do you think we should pay our live in nanny - poll

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You should pay her 2k per month if you’re wanting to keep her. Well 4k really but I’m giving you half that for room and board. I’d also help her get a drivers license.

Thanks! We are currently paying in between those amounts and while we love her… I think it might be too much… I worry that if we start paying her less or reduce her hours since in 1 year we will only need 2 hours per day, that she will leave.

I would keep her but let her know the plan to reduce hours so she has the option. If she’s able to stay for free or minimal rent and be part time or on call for sick days and holidays she might go for it. I’d much rather keep someone for free or low rent that I trust in my home and with my kids than try to rent the place out for more money. That piece of mind can’t be bought. Maybe you can throw in babysitting a few nights a week or a weekend a month to even things out.

Thank you. I totally agree that it’s ideal to have someone that I trust to be with my kids. Should she be working for free for those 10 hours a week we will need her for in 1 year?

No. There's a thread on the legality of this in the nanny forum right now.

[Anonymous]

Anonymous wrote:You have to separate the rent from the nanny in your mind. The amount you could rent the apartment for isn’t necessarily what the nanny would choose and afford to pay if she picked her own place. Figure out how much you would pay a live out nanny: let’s say $22 per hour because it is not full time - maybe more like $23-24. (Part time pays more per hour but less overall). Then figure out what rent you could get. The best thing economically for you may be to rent the apartment to someone else, and pay nanny separately.

BUT maybe you eat some of the rent because you love your nanny, and it is convenient for her to be right there. Maybe compare rent tp a 2 BR in a cheaper area still in commuting distance.

Thanks… I think she would not rent in this area and can probably find something equivalent for $1,000 or less further away. We are currently paying her almost 3,000 (Which is almost $25 per hour), but this includes all taxes (not health insurance). She does not get $25… I would guess it’s probably closer to $18-20… not sure.

When you say $22/23 do you mean net or including taxes?

[Anonymous]

Anonymous wrote:

Anonymous wrote:You have to separate the rent from the nanny in your mind. The amount you could rent the apartment for isn’t necessarily what the nanny would choose and afford to pay if she picked her own place. Figure out how much you would pay a live out nanny: let’s say $22 per hour because it is not full time - maybe more like $23-24. (Part time pays more per hour but less overall). Then figure out what rent you could get. The best thing economically for you may be to rent the apartment to someone else, and pay nanny separately.

BUT maybe you eat some of the rent because you love your nanny, and it is convenient for her to be right there. Maybe compare rent tp a 2 BR in a cheaper area still in commuting distance.

Thanks… I think she would not rent in this area and can probably find something equivalent for $1,000 or less further away. We are currently paying her almost 3,000 (Which is almost $25 per hour), but this includes all taxes (not health insurance). She does not get $25… I would guess it’s probably closer to $18-20… not sure.

When you say $22/23 do you mean net or including taxes?

We always talk in terms of gross. You're not going to find a live-out nanny for 10 hours per week at even $25/hour in DC...

[Anonymous]

Does your basement have a separate c of o? We had a basement rental in our first dc row house and it was a nightmare. I can’t emphasis how many creepy tenants there were. It’s worse when you are living upstairs

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You should pay her 2k per month if you’re wanting to keep her. Well 4k really but I’m giving you half that for room and board. I’d also help her get a drivers license.

Thanks! We are currently paying in between those amounts and while we love her… I think it might be too much… I worry that if we start paying her less or reduce her hours since in 1 year we will only need 2 hours per day, that she will leave.

I would keep her but let her know the plan to reduce hours so she has the option. If she’s able to stay for free or minimal rent and be part time or on call for sick days and holidays she might go for it. I’d much rather keep someone for free or low rent that I trust in my home and with my kids than try to rent the place out for more money. That piece of mind can’t be bought. Maybe you can throw in babysitting a few nights a week or a weekend a month to even things out.

Thank you. I totally agree that it’s ideal to have someone that I trust to be with my kids. Should she be working for free for those 10 hours a week we will need her for in 1 year?

No. There's a thread on the legality of this in the nanny forum right now.

If the job is for a live-in nanny, you cannot deduct for rent. Here is a link

https://www.nannycounsel.com/blog/why-your-live-in-nanny-shouldnt-pay-for-room-board#:~:text=So%20basically%2C%20any%20family%20who,to%20live%20on%20the%20premises.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Are you in DC? I'd be shocked if the basement got that much money...

We are in a very expensive area in DC. Nicer basements go for $2500 or 3,000 around here, but our kitchen is not high end and nor is the bathroom so I think we would rent for $2000 or a little less.

A tenant would have to share a kitchen with you? You're not going to get $2,000 with this. Also, you can still find a decent apartment for $2,000. Who wants to live in a basement sharing a kitchen?

I wonder if your basement is up to fire code and anybody with a brain would want to see fire inspection. Is there a separate entrance as well as a window large enough for a fireman to get in when wearing full fire fighting regalia.

Thanks. Our basement is a separate 2bedroom unit. It has one bathroom, one kitchen and one living room. We only share the laundry room that is in a separate room accessible from the basement and from the backyard (basically the mudroom).

It still isn't private. Are you allowed to rent to a non-family member. If you are not you could be in a world of hurt. I knew someone in Vienna, VA who rented three rooms and her basement and Vienna prohibited renting to non-family. One of her tenants reported her because she kept raising the rent. She paid a hefty fine and had to refund a couple months rent to the tenants.

Frankly, it sounds as though you are having money problems and are going to sock it to the nanny. Not a good idea.

I posted this link above and am doing so again so you will know why you cannot charge rent from a live-in if living in is part of her job.

https://www.nannycounsel.com/blog/why-your-live-in-nanny-shouldnt-pay-for-room-board#:~:text=So%20basically%2C%20any%20family%20who,to%20live%20on%20the%20premises.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Are you in DC? I'd be shocked if the basement got that much money...

We are in a very expensive area in DC. Nicer basements go for $2500 or 3,000 around here, but our kitchen is not high end and nor is the bathroom so I think we would rent for $2000 or a little less.

A tenant would have to share a kitchen with you? You're not going to get $2,000 with this. Also, you can still find a decent apartment for $2,000. Who wants to live in a basement sharing a kitchen?

I wonder if your basement is up to fire code and anybody with a brain would want to see fire inspection. Is there a separate entrance as well as a window large enough for a fireman to get in when wearing full fire fighting regalia.

Thanks. Our basement is a separate 2bedroom unit. It has one bathroom, one kitchen and one living room. We only share the laundry room that is in a separate room accessible from the basement and from the backyard (basically the mudroom).

It still isn't private. Are you allowed to rent to a non-family member. If you are not you could be in a world of hurt. I knew someone in Vienna, VA who rented three rooms and her basement and Vienna prohibited renting to non-family. One of her tenants reported her because she kept raising the rent. She paid a hefty fine and had to refund a couple months rent to the tenants.

Frankly, it sounds as though you are having money problems and are going to sock it to the nanny. Not a good idea.

I posted this link above and am doing so again so you will know why you cannot charge rent from a live-in if living in is part of her job.

https://www.nannycounsel.com/blog/why-your-live-in-nanny-shouldnt-pay-for-room-board#:~:text=So%20basically%2C%20any%20family%20who,to%20live%20on%20the%20premises.

I don’t understand. What does it take for it to be private? The apartment is right below our house, but it’s not connected. It’s accessible from the street and from the backyard. It has its own electrical power, heating, cooling, etc.
For tax purposes, our house is a multi family unit, but we own the whole house.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Are you in DC? I'd be shocked if the basement got that much money...

We are in a very expensive area in DC. Nicer basements go for $2500 or 3,000 around here, but our kitchen is not high end and nor is the bathroom so I think we would rent for $2000 or a little less.

A tenant would have to share a kitchen with you? You're not going to get $2,000 with this. Also, you can still find a decent apartment for $2,000. Who wants to live in a basement sharing a kitchen?

I wonder if your basement is up to fire code and anybody with a brain would want to see fire inspection. Is there a separate entrance as well as a window large enough for a fireman to get in when wearing full fire fighting regalia.

Thanks. Our basement is a separate 2bedroom unit. It has one bathroom, one kitchen and one living room. We only share the laundry room that is in a separate room accessible from the basement and from the backyard (basically the mudroom).

It still isn't private. Are you allowed to rent to a non-family member. If you are not you could be in a world of hurt. I knew someone in Vienna, VA who rented three rooms and her basement and Vienna prohibited renting to non-family. One of her tenants reported her because she kept raising the rent. She paid a hefty fine and had to refund a couple months rent to the tenants.

Frankly, it sounds as though you are having money problems and are going to sock it to the nanny. Not a good idea.

I posted this link above and am doing so again so you will know why you cannot charge rent from a live-in if living in is part of her job.

https://www.nannycounsel.com/blog/why-your-live-in-nanny-shouldnt-pay-for-room-board#:~:text=So%20basically%2C%20any%20family%20who,to%20live%20on%20the%20premises.

I don’t understand. What does it take for it to be private? The apartment is right below our house, but it’s not connected. It’s accessible from the street and from the backyard. It has its own electrical power, heating, cooling, etc.
For tax purposes, our house is a multi family unit, but we own the whole house.

It’s a row house and most/all row houses next to ours have a similar set up (and most basements are separate units).

[Anonymous]

$25hr

[Anonymous]

Anonymous wrote:$25hr

And free rent for the whole family?

[Anonymous]

Honestly, may be easier to give 8 weeks notice - so they have time to find someone else - hire a part-time nanny for $25/hr and rent the basement out to a tenant if you want.

[Anonymous]

Anonymous wrote:

Anonymous wrote:You should pay her 2k per month if you’re wanting to keep her. Well 4k really but I’m giving you half that for room and board. I’d also help her get a drivers license.

Thanks! We are currently paying in between those amounts and while we love her… I think it might be too much… I worry that if we start paying her less or reduce her hours since in 1 year we will only need 2 hours per day, that she will leave.

Well, you’re not going to get anyone for “two hours a day” on a regular, ongoing basis, so you’d best be making your Plan B now,

[Anonymous]

Op you are NOT going to find someone for 10 hours per week at $25hr. MAYBE $35-40hr but even that would be a stretch. 10 hours per week is not attractive to anyone.