How to Handle Seller Rent-Backs After Closing

By A Mystery Man Writer

Sellers sometimes want to rent the home back for a while after closing. Find information about how long sellers can stay, rent amount to charge, and insurance.

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Customer signing rental agreement after deciding to rent a new property in a real estate company. Successful business discussion between seller and customers, giving advice, closing sales concept Stock Photo

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Real Estate Magazine September 2021 Page 30

Private Sale) Home seller wants to do a rent back, where they pay us (buyers) to stay in the home beyond closing date. Is this money taxable income? : r/PersonalFinanceCanada

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