Marriage, Domestic Partnerships, and Mr. Landlord

By
Industry Observer

There's a lot of discussion in America about the definition of marriage and who should have the right to marry whom.  There are alternative suggestions like making all marriages legal partnerships, and perhaps allowing the word marriage to exist only in churches which could set their own criteria.  Of course, many folks live together with personal and individual understandings about their relationships.

...take your relationship with your domestic partner, Mr. Landlord.  You honor and obey him by following his rules.  He forbids you to have a dog or to paint the walls your favorite color, and you can't park the boat in the driveway.  You always do what he says because you need a place to sleep.  In turn, you share with him your income, and you promise to remain living in his house for a period of time, usually a year or more.  When the term ends, you can renegotiate the partnership by offering to share a little more of your income with him.  He expects that. 

His end of the partnership allows him to deduct much of the cost of allowing you to live in his house from his taxes.  Of the money you share with him, he gets to deduct property taxes and the interest on the home loan.  While you are helping him pay down the home loan, he continues to own the place with the right to kick you out at the end of the agreed term, or if you misbehave before then.  Aren't domestic partnerships wonderful?

Perhaps it's time for you to stop driving down this one way street and declare your independence from Mr. Landlord.  Many of the benefits he has derived from your partnership could just as easily be yours.  If you would like to explore the possibility of divorcing Mr. Landlord and taking back some of the freedom you gave up to him, now is the time to act. Call or email for help.

Posted by

 Mike Carlier  Lakeville, MN

 

612-916-3033

 

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Rainmaker
3,985,513
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Mike, I like the lead in.  It is very true, in today's market it could be easier to buy than rent and cheaper also!

Feb 01, 2012 03:32 AM #1
Ambassador
3,155,329
Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

When you put it relational terms, being in a landlord-tenant relationship sounds like an abusive one for the tenant.  Just saying...

Feb 01, 2012 11:45 AM #2
Rainmaker
522,322
Mike Carlier
Lakeville, MN
More opinions than you want to hear about.

Bill, I think that what makes it easier and immediately more cost effective to buy than rent is the large number of renters who have no choice.  Supply and demand will continue to put upward pressure on rent for several years after the economy recovers. 

Chris Ann, it's a combination of perception and reality.  Mr. Landlord has to make a profit or he will no longer be Mr. Landlord.  He has to keep his units occupied, so he has to make rules that maintain his units as interchangeable parts, suitable in a very short time for the next temporary resident.  Mr. Landlord is not inherently evil, but he is a dictatorial authority figure whose rules and actions appear to most independent adults as undesirable.

Feb 02, 2012 01:32 AM #3
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Rainmaker
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Mike Carlier

More opinions than you want to hear about.
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