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why is it not permissible to rent to family members if you own a house and your grown child?
is on section 8
2 different residences 5 miles apart.....can my child rent my other house through section 8?
5 Answers
- ?Lv 78 years agoFavorite Answer
Not sure but I starred all 3 of your questions. :) You might want to have a consultation with an Attorney to see if you could go a different route. Maybe even gifting them a portion of the money out of equity in the house since loans are less than 3% right now. A lot of variables to weigh.
Edit: From what you shared to me in a private message it is not about being dishonest or "manipulating" anything as a couple of your answers seem to assume. I think it is just confusing as to what you are trying to tell us but I will let you edit on this.
- KiniLv 78 years ago
You keep asking the same question over and over. It is in violation of the Section 8 policy for a landlord who agrees to abide by those rules, to rent to a family member or relative. If you rented to a family member with a voucher, the county would not pay and the person will lose their voucher for violating Section 8 rules.
- traiLv 78 years ago
Because if you own a house your grown child can live in, s/he doesn't need section 8!
You have a responsibility to support your family. The taxpayers don't.
- AnnLv 78 years ago
So, you need the government to pay you rent so your child can live in your house?
Family is supposed to help family.
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- Chris HLv 78 years ago
Af far as HUD is concerned, manipulation of rent and no evidence of an "arm's length" transaction.
Source(s): HUD 3150 amended