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Dear Moneyist,<\/strong> <\/p>\n I have been legally divorced for more than a year, but have yet to finalize the property settlement on our primary residence. My ex-husband continues to reside on our property and earns money through Airbnb by renting out rooms.<\/p>\n Also see: <\/strong> \u2018My husband\u2019s kids hate me and refused to come to our wedding, yet he is leaving them all his property.\u2019 How can I negotiate to secure my future?<\/a> <\/p>\n I do not receive any compensation for the use of our joint property. Needless to say, he feels no urgency to settle and continues to find ways to prolong the process. I wonder what my rights are for the commercial use of this land. <\/p>\n Can I request that he refrains from doing this until our property is settled? Once he buys me out, the property will be solely in his name and he can use it however he sees fit. Until then, perhaps a little pain would help increase his desire to resolve this with more haste.<\/p>\n Impatient in California<\/p>\n Dear Impatient,<\/strong> <\/p>\n A little pain would help. A little pain might also turn into a lot of pain for you and your ex-husband, if he decides to dig in his heels. He lives there \u2014 and even though you own this property together, it could be a long and expensive legal process to force him to sell up if he is, as you suggest, contrary. In fact, you may prolong this ordeal if he believes you\u2019re trying to make life difficult for him.<\/p>\n Also see:<\/strong> As a baby boomer, I didn\u2019t grow up with this culture of entitlement \u2014 do I have to leave my estate to my children or spouse?<\/a> <\/p>\n As long as it\u2019s legal to rent out rooms on Airbnb in your city and state, and he is reporting the income to the Internal Revenue Service, there\u2019s no reason he shouldn\u2019t earn a little cash on the side. If he is doing this illegally, it\u2019s worth a phone call to your attorney to make sure that you would not be liable for any fines. Given that he is pocketing the money, that seems unlikely.<\/p>\n Several cities in California are cracking down on Airbnb. In Los Angeles, for instance, a host may not rent out a room in their home for more than 120 days in any calendar year, and must register with the city\u2019s planning department and pay a fee. In San Francisco, hosts may not rent an entire home for more than 90 days in any calendar year, but can rent out a room for any length of time.<\/p>\n Recommended: <\/strong> \u2018What did he do with all the money?\u2019 My dying husband cashed his $700K life insurance and emptied his bank accounts<\/a> <\/p>\n Talk to your divorce attorney about speeding the plow on the sale of this property. Ultimately, you want to move on with your life and leave this chapter behind. <\/p>\n Do you have questions about inheritance, tipping, weddings, family feuds, friends or any tricky issues relating to manners and money? Send them to MarketWatch\u2019s Moneyist<\/a> and please include the state where you live (no full names will be used).<\/em> <\/p>\n Would you like to sign up to an email alert when a new Moneyist column has been published? If so, click on this link.<\/a><\/em> <\/p>\n<\/p><\/div>\n [ad_2]
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