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vkavatar
Feb 19, 2010, 10:46 AM
My husband is self employed and has a house in NJ which is rented out. We moved to MA and rent an apartment. The client reimburses the rent for the apartment. The question is : How is the rent reimbursement to be treated for tax purposes?

Secondly, I have a house in MA that is currently rented out. The lease expires at the end of this month. Can I rent this house to my husband and claim rent reimbursement? What are the tax implications?

Thanks!
V

MukatA
Feb 22, 2010, 12:53 AM
1. Check with the client: How are they going to treat this rent payment? May be they will treat it as payment to you.

AtlantaTaxExpert
Apr 22, 2010, 10:06 AM
No, you cannot rent the house to your husband and claim it as valid income, especially if you file a joint return.