University Residency

[Canadaguy]

Heard of people doing this and wondered how it would affect CS when a child of separation attends university.
Instead of paying rent or residency at a collage dorm, “Parent A” (PA) purchases a house, second mortgage it for 5 years have the child live there while attending school, rent out the other rooms to other students and flip the house 5 years later.
If for the 5 years of school that the child’s “dorm” is the primary residency and PA owns it, would PA CS change from offset to the PB paying full CS because the child is now living there more than 60% of the time? Or would PA have to change their address and live in the dorm as well?
Would PA CS offset amount cease as per the standard separation agreement line: “child no longer resides with either parent (resides includes temporarily living away from home for school)”?

[arabian]

[IN MY OPINION] It sounds like a very smart financial move for parent A. Shouldn't Parent A keep records of the revenue property, along with all rental income inclusive of the proportionate fair rental amount for the adult-child in question? I would think that the revenue property should be viewed as a business entity and the adult-child is merely paying rent. [IN MY OPINION] Very interesting.

[standing on the sidelines]

I am thinking it is more of a rental thing. To me the cs is payable to parent a only if the child is living WITH them not in a rental property they own.