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Reply to "Live-in Nanny with own family?"
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[quote=Anonymous][quote=Anonymous]I think if you have adequate space it would be seen as a huge bonus. You will absolutely have to give very special consideration if you no longer need her. We have a nanny "for life" and even purchased an investment property in our school district so oir nanny and her family could live near us. Really helping with flexibility and logistics. We charge her $1000/mo and market value for rent is triple this. Our youngest is 6 and our oldest 17. Once we no longer need her, we will continue to let her live in the house. We're in too deep, but that's OK.[/quote] OP here. It's nice to be able to help someone who is such a help to you, and to help improve their quality of life. For our nanny, it would require a change in school districts, but they haven't been in their current district very long, and where we move would be a great improvement in schools. I wish we had the means to have a separate house for them, so there would be that independence for everyone, but it's going to be a stretch for us to even buy this one house. I would definitely make sure this new house had its own entrance, kitchen, 2 full bedrooms, etc. Maybe I am dreaming, but trying to determine if this would be an ideal situation or not. [/quote]
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