Renting a room - what should I know?
My workplace hires a hundred university students during the summer months. These students usually come from all across the country so many will be in need of a place to stay. Given the costs and constraints of renting an apartment, HR has organized a program for employees with spare rooms to rent them out to the students while they work here.
Since I'm a bachelor with a large house, I figured - why not? The extra $400/month can't hurt. But someone said that there were a lot of forms that would need to be filled out, there could be insurance implications, and tax implications. I wasn't looking for headaches...
Has anyone done this before? And just how difficult is it to set up?
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