A question: My parents purchased a self-storage facility many years ago (30+). My dad is deceased now, and my mother is elderly, so my husband and I are taking on more and more responsibility for her commercial properties.
We have a resident manager who receives a salary plus an apartment and all utilities. All she has to pay for is her personal phone and cable. She has to be on site, but can be in her own apartment whenever she wants...she just has to be available to answer the phone and go into the small office when someone comes in. She was complaining to my mother the other day to that she is sure she should be paid overtime because she works more than 40 hours per week, and that her apartment and utilities should not be considered taxable. I do not know what the arrangements were when she was hired many years ago, but I am curious as to what the law is. I believe a percentage of her apartment and utilities are considered taxable, is that correct? I already know that she is not owed overtime because she is considered an exempt employee. I've found the law pertaining to that, but haven't found anything about the apartment, etc.