<prompt> Human: Hi all,I want to sublet my co-op 800sf apartment. Its worth 35k currently for sale with the work I put into it. I pay 501 a month for taxesHOA fees. I found someone I know who might be willing to rent it while I keep everything in my name. How much should I charge for rent that would make it worth it to have 35k invested? I would pay no taxes on the money made. The apartments rent for 1150-1200 a month through the association.Thanks in advance!Assistant: I seriously doubt your apartment valued at 35K has a fair market rent value of 1200.Human: Without giving away the area, I can assure you that this is indeed what 1 bedrooms in the complex rent for...I was thinking more along the lines of charging 8 or 900 with all of the things I said above, I know the renter.I would keep my address here and remain living here, collecting my mail weekly or bi-weekly 95 junk.I would collect 3-400 a month tax free.I would have first and last months security deposit.If my new living situation doesnt work out. I can move back in a year or 2.How much trouble can I get in for doing this?  <response>: How much trouble? A lot of trouble. The federal government takes tax fraud rather seriously. Uncle Sam likes to get paid. 