Follow Three Guidelines When Renting to Live-In Employee
You may be weighing the advantages of having a full-time live-in staff member at your tax credit site. But before you set aside a unit for a member of your management, leasing, or maintenance staff, there are a few guidelines that you must be aware of to stay in compliance.
Available Options for Employee Units
If you are planning to charge the employee rent for the unit, the Internal Revenue Service (IRS) makes two options available, depending on the type of project.