u/JCrotts

In short, I plan to raise the rent to fair market value on a cousin that I have been charging about 50% market value for the past 3 years. I recently learned about the tax issues that come with that. When I do this, I expect to be hated by 1/4 of my family. I already have a lease agreement written that states that by January, the rent will have rissen incrementally to full market value. Have y'all ever done something similar without being hated? What's a good strategy.

I know this is less about renting and more about social affairs but I would really appreciate any advice.