Hello everyone,
I am about to start renting a room. I've read a lot on their forum but still have two questions.
1. In your opinion, would it be better to split bills or include them in the rent? I'm just looking for what others have done really. I know there's no right or wrong answer. I'm worried if I include them that they'll leave the heat on if I'm away all weekend or something.
2. I'm currently living in a house that my grandfather built, belongs to my parents. It will some day (possibly) belong to me, but for now I'm renting from my parents. I've read that I will still qualify, it just becomes a sort of sub-let situation. Do I have to do anything differently or justs till submit a tax return at the end? The deal with my parents is pretty casual so would I need a written lease and proof of having paid them for the tax man?
Thanks!
I am about to start renting a room. I've read a lot on their forum but still have two questions.
1. In your opinion, would it be better to split bills or include them in the rent? I'm just looking for what others have done really. I know there's no right or wrong answer. I'm worried if I include them that they'll leave the heat on if I'm away all weekend or something.
2. I'm currently living in a house that my grandfather built, belongs to my parents. It will some day (possibly) belong to me, but for now I'm renting from my parents. I've read that I will still qualify, it just becomes a sort of sub-let situation. Do I have to do anything differently or justs till submit a tax return at the end? The deal with my parents is pretty casual so would I need a written lease and proof of having paid them for the tax man?
Thanks!