{"product_id":"vragen-45067-hallo-wij-gaan-voor-een-aantal-jaren-5-10-naar-het-buitenland-nou-willen-wij-onze-ouders-grati","title":"Lending your home to parents for free? Discover the rules!","description":"\u003ch4\u003e Questioner\u003c\/h4\u003e\n\n Hello. We are going abroad for a few years (5 - 10). Now we want our parents to look after our house for free. Is this possible? They have a rental property themselves and do not want to 'keep' that property.\n\n\u003ch4\u003e Lawyer\u003c\/h4\u003e \nDo you own a home? I assume so. First of all, you need permission from the bank, even if you are giving the home away for free. Then, it may be that the tax authorities will see the free use of your home as a gift. It is therefore advisable to draw up an agreement together in which you set considerations equal to rent payments. For example, repairs and maintenance that are overdue. Or you rent your home to your parents so that they are entitled to housing benefit. On the other hand, you must declare the rent in box 3. This is a formal answer, of course no one knows whether the bank and the tax authorities will become aware of and act on any statements and requests that have not been made. (You must assess the risk yourself and take it at your own expense)\n\n\u003ch4\u003e Questioner\u003c\/h4\u003e \nIt is a private home. I have read about lawsuits that have been filed about this where the tax authorities indicated that it was a gift. But, the tax authorities lost the case here, because we as owners do not become impoverished. Whether the house is empty or is being looked after.. It makes no difference to us.\n\n http:\/\/www.terbraakwillems.nl\/nieuws\/gedogen_USE_woning_is_geen_schenking.html\n\n\u003ch4\u003e Lawyer\u003c\/h4\u003e\n\n I find that strange because you do become impoverished in an objective sense because you can also rent out your house, this is (fictitious) loss of box 3 income.\n\n\u003ch4\u003e Questioner\u003c\/h4\u003e\n\n http:\/\/www.terbraakwillems.nl\/nieuws\/gedogen_gebruik_woning_is_geen_schenking.html In this case, I think, a similar situation is described. Perhaps at some point in time, everything could be converted into a definitive lease. But, that is absolutely not the case yet.\n\n","brand":"Rechtswinkel.nl","offers":[{"title":"Default Title","offer_id":55017457779037,"sku":"","price":0.0,"currency_code":"EUR","in_stock":true}],"url":"https:\/\/www.rechtswinkel.nl\/en\/products\/vragen-45067-hallo-wij-gaan-voor-een-aantal-jaren-5-10-naar-het-buitenland-nou-willen-wij-onze-ouders-grati","provider":"Rechtswinkel.nl","version":"1.0","type":"link"}