Anonymous wrote:While you can subtract room and board, its a different tax process which is a PITA. If you are subtracting room and board, it is not pre tax for the nanny so it needs to subtracted after you subtract her employee portion from gross and the amount you receive for the rent is taxable income for you.
If you don't subtract a specific amount, it simply is part of the overall package and you pay above minimum wage its much easier. I would suggest offering minimum wage 8.25 which would be 247.50 a week or $990 for a four week month. Live in positions in DC are around minimum wage - maybe $12 per hour tops.
The economics of a live in position are different than a live out position. In a live in position, the fewer hours, the pay is still low because the live in still receives the full benefit of the room and board just spread across fewer hours. Its also more attract to someone who is looking to finish a degree, needs to take classes, and need to avoid paying rent and other living expenses.
Anonymous wrote:If it sounds good to you, take it. But you will likely soon move onto a better paying position if you are good at your work. In DC you'll have opportunities to network with others. What area of town is the job?
Anonymous wrote:The problem is you can't factor in $800/month for room and board. I can't imagine anybody would be willing to pay $800/month to live with their boss. I would much rather (and do) live with a bunch of roommates for equal or lower rent and have the freedom that goes along with that.
Anonymous wrote:Anonymous wrote:Are they nuts? Do the math.
Why do you have to be so mean?
Just because this forum is anonymous...doesn't give you a free pass to be snooty at other posters.
She is just asking a question here. That is what this forum is for.
If you can't play nice, then leave.
Anonymous wrote:Anonymous wrote:Are they nuts? Do the math.
Why do you have to be so mean?
Just because this forum is anonymous...doesn't give you a free pass to be snooty at other posters.
She is just asking a question here. That is what this forum is for.
If you can't play nice, then leave.
Anonymous wrote:Are they nuts? Do the math.