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From:  Mike
Date:  Fri, 01 Aug 2003

I own a house in California. I have been renting it out since 1987, but for the last 3 years I have let my daughter and grandson live in it at no cost because of a hardship they are going through. My question is whether it is still considered a rental home even though I am not charging them for rend and she is my daughter.

Answer

Date:  Fri, 29 Aug 2003

Hello Mike,

Probably not.

Good luck!
Mike Gray

We have more answers to frequently asked real estate tax questions! We also offer up-to-date information about new tax real estate tax developments in Michael Gray, CPA's Real Estate Tax Letter.

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