I've been renting a room out in my house to a friend; it just occured to me that the court may consider that as income. Does anyone have any info regarding this? I'm in CA.
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Cash Only = No report (no deposit bank).... and also "Don't Ask, Don't Tell"
policy (Military style)
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BAD, BAD BAD advice. If the trustee finds out about it your discharge can be denied. Even after you are discharged, the trustee can reopen your case and REVOKE your discharge.Originally posted by BKOnce View PostCash Only = No report (no deposit bank).... and also "Don't Ask, Don't Tell"
policy (Military style)
Not to mention, perjury can put you in the federal pokey. They're not nice places. Especially in SoCal. Imagine, how your cellmate, Cletus (his picture is here):
is going to react when, right after he tells you "You show gots a purdy mouf", and you tell him you're in for not telling the truth about your last roomate.
Don't go there, dude.Pay no attention to anything I post. I graduated last in my class from a fly-by-night law school that no longer exists; I never studied or went to class; and I only post on internet forums when I'm too drunk to crawl away from the computer.Comment
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I agree with MSbklawyer. Rent=income. Report it on your schedules.Originally posted by MSbklawyer View PostBAD, BAD BAD advice. If the trustee finds out about it your discharge can be denied. Even after you are discharged, the trustee can reopen your case and REVOKE your discharge.
Not to mention, perjury can put you in the federal pokey. Imagine, how your cellmate, Cletus (his picture is here):
is going to react when, right after he tells you "You show gots a purdy mouf", and you tell him you're in for not telling the truth about your last roomate.
Don't go there, dude.You can't take a picture of this. It's already gone. ~~Nate, Six Feet UnderComment
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Okay......so is it considered income....would it count in a means test?
Thanks!Comment
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yesYou can't take a picture of this. It's already gone. ~~Nate, Six Feet UnderComment
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yup, income is income is income. it's money and it's coming in = income!filed ch7 May 09
341 june 09
discharged, closed Aug 09
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So Cletus and me, we scared you straight, huh?Originally posted by AllMyFault View PostPay no attention to anything I post. I graduated last in my class from a fly-by-night law school that no longer exists; I never studied or went to class; and I only post on internet forums when I'm too drunk to crawl away from the computer.Comment
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haha...I guess you can say that.Originally posted by MSbklawyer View Post
Stupid question: I don't have a 'rental agreement' with him; does that matter in any way?Comment
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No, it really wouldn't matter. Without a lease, it's just a tenancy at will (or tenancy at sufferace as they call it in Cajun country). As long as you intend to rent the room for the forseeable future, it's income. If this is a temporary arrangement, you could use that fact to adjust your income down.Originally posted by AllMyFault View PostLast edited by MSbklawyer; 10-03-2009, 08:44 AM.Pay no attention to anything I post. I graduated last in my class from a fly-by-night law school that no longer exists; I never studied or went to class; and I only post on internet forums when I'm too drunk to crawl away from the computer.Comment
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yes-it's income and it counts on means test as wellOriginally posted by AllMyFault View PostFiled Pro Se: 10/16/2009
341 Scheduled: 11/23/2009
Last Day for Objections: 1/22/2010
Discharged: 1/28/2010Comment
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If he pays you in cash.............................................. ............no paper trail...............Filed: 6-7-2010 341: 7-15-2010 DISCHARGED: 9/17/2010
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If you claim it on your tax's and take the expence off for the room then you
would, if it is just money to cover bills then no you don't have to.Comment
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No, I beg to differ. Whether he claims it on his taxes or not, is completely irrelevant.Originally posted by joh View Post
11 U.S.C. 101(10A) "The term current monthly income -- (B)includes any amount paid by any entity other than the debtor . . . on a regular basis for the household expenses of the debtor[.]
He is required to count it in his income. Period. Full stop.Last edited by MSbklawyer; 10-04-2009, 05:20 AM.Pay no attention to anything I post. I graduated last in my class from a fly-by-night law school that no longer exists; I never studied or went to class; and I only post on internet forums when I'm too drunk to crawl away from the computer.Comment
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In this scenario would you then include the roommate as part of the household count and income as well?Comment
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