Is a Homeshare taxable income?

The Homeshare Agreement is secured by a second lien and it is the understanding by Nada that this should not be taxable event at time of origination, and there should be typical real estate capital gains tax treatment when the Homeshare Agreement ends.  Nada and it's representatives are not tax advisors and do not give tax advice.  We do not make any representations or warranties concerning tax matters or the tax treatment of payments made, or obligations owed under the Homeshare Agreement. Since each homeowner’s tax situation is unique, we recommend that you consult with and rely on the advice provided by your tax advisor, not Nada, for a full explanation of the tax impact of the Homeshare Agreement. Please contact hello@nada.co if you have further questions.