Good question! I grow in my basement and I've vented into my living room (one floor above) as well as venting right back into the basement. It all depends on what the conditions in the room are. In order to manage temps/humidity, you have to control the environment that your tent is in. If your temps/humidity are in range, then no worries. (Well, really, there are never any worries afterall, we're growing cannabis, not performing brain surgery.) If your temps/humidity are not where you want them and you can't vent to another room, outdoors, etc then all you need to do is manage the temp/humidity in your room. Usually a dehumidifier will do the trick of keeping the humidity in check.
I use LEDs (2x ES 180v3 in a 4x4 tent) and being in a basement, it's usually cooler anyways so heat isn't usually a problem. However this summer, it got warm down there with the dehumidifiers running non-stop which is why I vented into the living room. This helped with both temperature and humidity control. In the winter, I vent directly into the basement since humidity isn't usually a problem but it's cool down there so in addition to running a little heater, the heat exhausted from the tent helps to keep the temp warmer.
The big thing to remember is that all you really need to do is manage the temps/humidity regardless of where you vent. You can use that exhaust air to your advantage when necessary, or you can vent it out. If you can't vent it out, then all you need to do is manage it with dehumidifiers, AC as necessary.
Good luck!