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Should I pay my parents rent, and if so, how can I approach this conversation with them?
It is a personal decision whether or not to pay rent to your parents. If you feel it is fair and can afford it, you can approach the conversation by expressing your willingness to contribute financially to the household and discussing a reasonable amount that works for both parties. Be respectful and open to their perspective.
What else can I help you with?
If you are emancipated can you rent an apartment in Texas?
If a person is emancipated from their parents they should be able to rent an apartment. They will have to meet all the requirements to rent the apartments and be able to pay for the apartment.
Your fiancee bought his house from his parents they still live there rent free How should he go about kicking them out?
It will be a unfortunate situation for everyone if your fiance legally evicts his own parents. Did his parents, at the time of sale, sign an agreement that they would move out by an agreed upon date? Did he ever ever ask them to pay rent or to sign a basic rental agreement? State laws vary, so your fiance needs to go to an an attorney in his state who handles tenancy disputes to discuss how to proceed. If your fiance feels he cannot discuss the situation with his parents in a non argumentive manner, he should have all questions and comments from his parents handled by his attorney. An impartial third party mediator might be the best way to approach the situation first, rather than proceed directly with an eviction that will have a severe impact on his relationship with his parents.
What is the pricing approach used most often for pricing a single family residence is it the sales comparison approach or the gross rent multiplier?
If you plan to live there yourself, you'd probably use the comparison approach. You would use the gross rent formula only if you were purchasing the house as a rental.
Do I have to pay rent if I live with my parents?
Whether or not you have to pay rent while living with your parents depends on your family's agreement and expectations. Some parents may ask their adult children to contribute financially, while others may not. It's important to have open communication with your parents about this topic.
Can a 17 rent a hotel room if their parents rent the room online but aren't present at check in?
It depends on the hotel's policy, but probably not.
Can your parents rent a car for you?
No, typically only individuals who are at least 21 years old and have a valid driver's license can rent a car.
What is the most parents can charge for rent legally?
Nothing! The Law requires your parents to provide you with suitable shelter and food.
How should expenses be recorded?
How to correct misclassification of rent expense? It was recorded as rent expense, should have been recorded as prepaid rent with an effective tax rate of 30%.
How should a letter for rent payment be delivered?
A letter for rent payment, especially a late rent payment or new amount should be sent registered and signed for so you can prove that it was delivered to the person owing the rent
When should you pay rent again after paying for that month's rent?
a month later
What are the benefits and drawbacks of living in your parents' house rent-free?
Living in your parents' house rent-free can provide financial stability and support, as you can save money for the future. However, it may limit your independence and personal growth, as you may rely on your parents for housing and expenses.
Should 11 year olds pay rent?
11-year-olds should not pay rent, but they should have chores to do at home and keep their rooms clean. At that age, children would have no income to pay rent.
