An apartment complex wants to hire an acquaintance to a newly established marketing/social media management/on-site supervisor position.
They are discussing covering all rent/expenses and providing a smaller salary rather than hashing out a higher hourly rate or annual salary.
Example:
Free rent and $25k/yr
vs.
$49k/yr
Is there a benefit to choosing one over the other if given the choice? Would the compensated rent be considered taxable income?
Submitted February 13, 2019 at 12:00AM by TeeDeeJay http://bit.ly/2RWHt6Q