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Reply to "Fair Pay Considering Nanny is Live in and her Housing Expenses are covered?"
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[quote=Anonymous]I think I'd keep renting out the apt and using it to pay a LO nanny - one of my friends took her live out nanny to live in status. The math was really easy since she knew what rent she was paying etc - so they took her compensation she was making as a live out - took out her rent and then added an additional $750 a month on top - she basically she saw it as an advantage to live in because she was becoming cash positive by $750 a month. For most nannies, live in is not necessarily with they want, so they need some sort of motivation to do it.[/quote]
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