What is a fair rental rate to charge a family member living in our home?
My husband’s 30-year-old brother lives with us and has not been helping out financially or physically around the house. No housework, no rent and no contribution to groceries or toiletry items. He is a healthy capable man simply taking advantage.
As much as I would like for him to simply move out and have his own place... that is not an option right now. So, in the mean time, I would like to start charging rent.
The monthly mortgage payment on our home is $875 and with electric, gas, water and trash it comes to a monthly total of $1365.00. Help!!