Personal Finance (Not Investing) • Renting a room from a coworker- should I get rental insurance?

I was thinking that to get renter’s insurance I might need to sign a lease.

Yes, avoid that slippery slope. If you sign a lease it will be harder for him to pretend that the $400 cash you give him each month isn't reportable income on his tax return.

So go without the insurance would be what I would do in this situation. What he does with the crisp bills is his decision.

Statistics: Posted by stan1 — Thu Jan 30, 2025 9:43 pm — Replies 5 — Views 406

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