Does anyone have experience in a rental agreement. My mom lives with me. My elder attorney suggested instead of a caregiver's agreement, since they are complex, that I consider a rental agreement. He advised me that I would need to have a realtor come into my house and access the space she is using. He then sent me a letter with his qualifications and what he thought would be a fair market rent. For a bedroom, a tv room, use of the rest of the house and front porch plus utilities includded he assessed it at $875. The neighborhood is desirable. So the realtor gave me a rental agreement to complete, mom signed and every month $875 is taken out of mom's checking account and automatically deposited into a separate account in my name. That's all that is in that account. He didn't say if I needed to get it notorized. He also advised me to call an accountant to see if I need to pay taxes on it. I have not done that yet. Does anyone have any experience with Medicaid and using a rental agreement?