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Lodging must meet specific rules, or the fair market value of the lodging must be declared as W2 income. https://smallbusiness.chron.com/taxability-employerpro

• thaumasiotes 6y ago
  It's not so easy to establish the fair market value of something that never goes on the market.
  • deleted 6y ago
    [deleted]
  • gwright 6y ago
    True, but I don't think that lodging is "something that never goes on the market". In this example, the mortgage or rental payments for an equivalent property would be pretty straightforward to determine.
    • thaumasiotes 6y ago
      I disagree. Lodging goes on the market all the time, but its market value is highly specific. There is no equivalent property to compare the corporate housing to.
      • gwright 6y ago
        What do you mean? Housing appraisals are done all the time based on finding comparable homes.