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    jmarden1's Avatar
    jmarden1 Posts: 1, Reputation: 1
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    #1

    Dec 4, 2009, 08:30 PM
    Renting from yourself as part of a combined ownership
    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's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Dec 4, 2009, 08:45 PM

    What agreement?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #3

    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.
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