The costs of lodging furnished to an employee for the convenience of the employer are deductible and the value is not taxable income to the recipient. For the value of lodging to be excluded from the employee’s income, the employee must be required to accept the lodging on the premises as a condition of employment.
"Renting a Residence To a Corporation,"
Agricultural Law Digest: Vol. 9
, Article 1.
Available at: http://lib.dr.iastate.edu/aglawdigest/vol9/iss11/1