5 times a year is alot. |
I think there are a lot of right answers here, but I wouldn’t accept payment the first time. If it looked like they were starting to take advantage I would then set the boundary if need be. But if I was staying, I would at minimum offer to pay, and I would insist if I knew they would be taking a significant financial hit. |
NP. The issue for me isn’t how often it happened but how much of an overall financial sacrifice I was making. I am not that close to my siblings and I would like to be closer, so if this wasn’t my main source of income or something I would be happy to do it five times a year. |
This. |
| Jeez, you guys. I would NEVER, EVER stay in a sibling's rental without paying full freight. I would be so embarrassed that my husband and I couldn't afford the rent that we had to get a loser discount. I would be soooooooo mortified that my sibling thought we were so unsuccessful that they felt they had to give us the rental for free. |
Same. |
you might consider getting therapy |
| Four pages and no one yet has brought up the tax ramifications of allowing free or reduced price use by family members. Amazing. Do you all cheat on your taxes? |
Because I would be ashamed at being a loser? LOL. You might want it though if you think that not being up to standard is okay ... Jeez. Have some pride. |
There are no tax ramifications. The government does not mandate that you charge everyone who stays at your part-time rental. |
You’re wrong about that. Ask your accountant. |
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DH's father and stepmom charged us the cleaning cost anytime we stayed at their cabin in Lake Tahoe, which was only available to us in the off season. It was weird because she would never have asked her own kids to cover the cleaning cost, but it was also consistent with her character in general.
I wouldn't charge my siblings, but scenarios like this also keep me from wanting to buy a second home. |
I would never expect my sibling to give it for free. |
To clarify, you’re right that the government doesn’t “mandate” that you charge rent, but if you don’t then the free use counts as “personal use” and there ARE tax ramifications. See link: https://www.irs.gov/taxtopics/tc415 |
My sister owns a gorgeous house in the USVI that I could never afford to rent, and she lets me stay there for free whenever I ask provided it hasn't been rented out yet for that week. Even in the high season!! I only ask once every 1-2 years. I have no shame in asking, and she is happy to let my family use it because she is clearly about a million times wealthier than I am! Maybe rethink your relationships. |