Q: Can a parent set up a rent-to-own agreement with a child on the parent’s rental property and include the IRS tax free gift amount ($15,000 for 2018) as part of the annual rent payment?

A rent-to-own store may seem like an affordable solution if you're in need of a new appliance. But beware before signing the contract.

The contract they signed for the house was a lease agreement with an option to purchase – a unique payment structure similar to rent-to-own contracts.

Sponsored Bank Accounts Always have a knowledgeable attorney review a rent-to-own or contract-for-deed agreement before you sign anything.

This conviction is specifically for their “rent-to-own” contracts with consumers in Fayette and Greene County. The court also found that the landlords used exorbitant late fees of $25 for the ...