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June 5, 2025
Question

My mother-in-law lives with us. If she pays part of the mortgage, electricity, etc., is that rent? Does it count as a gift to us and thus we should keep it to the limit

  • June 5, 2025
  • 1 reply
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1 reply

June 5, 2025

@hellolami it is NOT a gift.  A gift is something given and nothing is received in return.  In this case, something is received in return - a place to live! 

 

Technically, it is rent income to you.