We recently had someone approach us and ask if they could rent the house but we had to turn them down due to the fact that 80% of the rental income would have to be paid to the Nursing home.
We have already paid 15% of the value of the house and approximately €50,000 euro in care costs before the Fair Deal came in so to be honest I have no interest in saving the HSE any money. It just wouldn't be worth the hassle of dealing with a tenant demanding repairs, paying extra insurance etc when most of the rental income from the house would have to be handed over. Short term house sitter might be an option though.Why can you not rent it out and pay over the 80%? The cost to the HSE is reduced and you keep the rest, why would you turn it down?
I have no interest in saving the HSE any money. It just wouldn't be worth the hassle of dealing with a tenant demanding repairs, paying extra insurance etc when most of the rental income from the house would have to be handed over. Short term house sitter might be an option though.
We should all have an interest in saving the HSE money so that fewer people suffer.
Agreed, however as the OP like many others has already had experience dealing with the HSE, it tends to be a very negative experience. Perhaps if we started to see some of the promised real reform in this organisation and in government in general then peoples attitude may become more community minded.We should all have an interest in saving the HSE money so that fewer people suffer.
I can't imagine that this would be legally acceptable....paying the rent not to the mother's estate but directly to the siblings...
Why can you not rent it out and pay over the 80%? The cost to the HSE is reduced and you keep the rest, why would you turn it down?
Exactly, that's why no one in the right mind would go down that route!Wouldn't one have to pay tax on the 100% rent (or thereabouts presumably it's mortgage free). No one would go down the tricky road of being a landlord for a supposed 20% surplus. You'd never end up with a penny of the 20% and a whole heap of headaches.
Caretakers Agreement
CARETAKER'S AGREEMENT
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