Community Chat

[chrystaltree]

@Snowpuppy 

Excellent idea.  We have a dear 94 year old friend who has just about out lived his money and he is bringing in some money by renting his driveway (he never used his car anyway) and part of his backyard (which he never uses anyway).  He lives the city in a brownstone and they young couple who live next door in a condo approached him about using his driveway.  He ended selling his car which he never drove, and that  gave him some needed cash and he gets monthly "rent" for the driveway.  

[Sooner]

What about Tax implications from renting a room?

[ROMARY]

A nurse rented a room from a neighbor in our neighborhood.  She worked the evening shifts and slept during the day, which was great for the couple who owned the house and worked daytimes.

The nurse eventually married a doctor and moved out.

Also, just the other day, I was talking with someone who wished to meet friends who don't smoke and drink.  I suggested perhaps joining some sort of non-smoking and non drinking groups or maybe even religious groups who had the same outlook as she does. 

Well, that's what I thought of during that brief conversation.

[NYC Susan]

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@chrystaltree wrote:

Of course, there are reasons to be overly concerned about giving some complete stranger access to your home!  In this day, it makes no sense at all.  The risk are just too great.  You especially would not want a college student or any young person!  If you are going to take that risk, look for someone similar to yourself.     

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I agree that there are reasons to be overly concerned.  Not only are you giving them access to your home, but you have to interact with them, probably on a daily basis, and not all personality types blend well with others.  This has to be done very, very carefully.

But I disagree about college students and young people.  My MIL lived alone in a large house, and for years she rented a room to med students (one at a time).  It was a perfect arrangement.  She felt safer having someone else living there, and they were all responsible, reliable people.  Med school is serious business, so there was no craziness - They were studying the large majority of the time, no late nights, no wild friends.  I would take a responsible younger person over an older person any day.