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View Full Version : Renting from yourself as part of a combined ownership


jmarden1
Dec 4, 2009, 08:30 PM
My siblings & I own a home together. I will be living there and paying the mortgage & insurances. Is there a standard template for manikg such an agreement?

ScottGem
Dec 4, 2009, 08:45 PM
What agreement?

Fr_Chuck
Dec 4, 2009, 08:47 PM
You are part owner, you are not renting from yourself, unless the property is owned by a corporation that you own and you "rent" from that company.

You are part owner. You may 'rent" in some terms the part of the home the children own.