FlyerTalk Forums - View Single Post - Employer Sponsored Mortgage??
View Single Post
Old Aug 20, 06, 12:38 am
John C
Join Date: Dec 2004
Location: Marietta, GA
Programs: Delta MM
Posts: 609
Though it is not especially common, companies have been known to negotiate housing allowances. It is more common for a full time assignment, especially when living offshore, but it does occur sometimes for part time travel as you've described. Unlike standard hotel expense, I believe these allowances are taxable as income if the residence is domestic so confirm the tax status prior to discussing any numbers. The real risk though is that unless provisions are made in an employment contract (which sounds unlikely in your case) you have the full risk of covering the second mortgage should your travel needs change or if you are separated from the company.
John C is offline