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Renting to a disabled family member

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andreab

Junior Member
I live in California and I’m trying to find an affordable housing solution for my brother who is disabled. If I can make it work, I’d like to buy a rental property and rent it to him. His only income is a monthly SSI stipend of $800. As his “representative payee”, I receive his SSI payments and pay his bills. In light of all this (he’s my brother—I receive his checks—I pay his bills), I’m wondering if I can legally rent to him and write off a large portion of the rental income as a loss since my expenses on the property would be at least $1,200 per month. Has anyone had experience with this or with the laws governing these types of issues? Thanks.
 


divgradcurl

Senior Member
andreab said:
I live in California and I’m trying to find an affordable housing solution for my brother who is disabled. If I can make it work, I’d like to buy a rental property and rent it to him. His only income is a monthly SSI stipend of $800. As his “representative payee”, I receive his SSI payments and pay his bills. In light of all this (he’s my brother—I receive his checks—I pay his bills), I’m wondering if I can legally rent to him and write off a large portion of the rental income as a loss since my expenses on the property would be at least $1,200 per month. Has anyone had experience with this or with the laws governing these types of issues? Thanks.
Repost on the tax board.
 

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