How much to charge an aging parents who live in your home?
In our area you can rent a room with use of the rest of the house for 400-500 dollars per month and independent living facility costs 1800- 2100 dollars a month. What is reasonable for me to charge
No more than 30% of their income for rent. Take the cost of utilities and divide it by the number of people in the home. Each one pays their part. Same with groceries. Gather the receipts and divide it up fairly. Keep records for five years in case Medicaid comes into the picture.
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