Anonymous wrote:Anonymous wrote:Federal law limits the room and board deduction for a live-in nanny who ASKS TO live-in to around $130 per week.
If the family requires the nanny to live-in, they are NOT ALLOWED to deduct any room and board.
The family pays for the convenience of having a live-in nanny. The nanny makes a lot of money because live-in nannies sacrifice their privacy, and, all too often, their off time, to demanding parents.
Actually the main reason live-ins make good money is through losing their rent and food bills.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I wouldn’t accept less than $20 an hour as a live in
Very minimum. Nannies still have to provide personal products, preferred food, health care, and much more. Also, I personally wouldn't find living in with a family as a perk, rather something I'd put up with.
It's a great perk not to have to come up with your own housing costs.
On the flip side, it is a great inconvenience to have to put up with your brats 24/7, no privacy, and employer who expects you to be available at all hours. Only a fool would LIKE TO.
What children have you been caring for that are awake 24/7?
Anonymous wrote:Federal law limits the room and board deduction for a live-in nanny who ASKS TO live-in to around $130 per week.
If the family requires the nanny to live-in, they are NOT ALLOWED to deduct any room and board.
The family pays for the convenience of having a live-in nanny. The nanny makes a lot of money because live-in nannies sacrifice their privacy, and, all too often, their off time, to demanding parents.
Anonymous wrote:Sacrificing your privacy and quiet time is huge.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I wouldn’t accept less than $20 an hour as a live in
Very minimum. Nannies still have to provide personal products, preferred food, health care, and much more. Also, I personally wouldn't find living in with a family as a perk, rather something I'd put up with.
It's a great perk not to have to come up with your own housing costs.
On the flip side, it is a great inconvenience to have to put up with your brats 24/7, no privacy, and employer who expects you to be available at all hours. Only a fool would LIKE TO.
Anonymous wrote:Anonymous wrote:Anonymous wrote:I wouldn’t accept less than $20 an hour as a live in
Very minimum. Nannies still have to provide personal products, preferred food, health care, and much more. Also, I personally wouldn't find living in with a family as a perk, rather something I'd put up with.
It's a great perk not to have to come up with your own housing costs.
Anonymous wrote:Anonymous wrote:I wouldn’t accept less than $20 an hour as a live in
Very minimum. Nannies still have to provide personal products, preferred food, health care, and much more. Also, I personally wouldn't find living in with a family as a perk, rather something I'd put up with.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:12-15 per hr. But really depends on duties and hours worked. It’s not just a dollar amount, it’s the whole package.
You pay for the inconvenience, lack of privacy that a nanny has to endure as a live-in. A live-in is a convenience for lazy parents. No less than $18/hr depending on experience.
Lower rates for live-ins reflect the major benefit to the nanny of not having to pay for housing, food, utilities etc. It's a lower rate but probably works out to the same amount that the nanny has left after all her expenses are paid.
The poster with a $500/week live-in nanny is of course underpaying but consider that this nanny can easily save close to 100% of her pay since most of her basic costs have been eliminated.
Irrelevant.
You can legally deduct room and board if the nanny is given a choice to live-in or live-out AFTER accepting the position. If it’s a condition of the position, you can’t deduct.
Anonymous wrote:I wouldn’t accept less than $20 an hour as a live in