Talk of The Villages Florida - View Single Post - Can buying a courtyard villa pay for itself with rentals on a yearly basis
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Old 02-10-2008, 06:18 PM
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SteveFromNY SteveFromNY is offline
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Default Re: Can buying a courtyard villa pay for itself with rentals on a yearly basis

I rent a designer home.
It rents for about 120 days a year thru TV Property Mgmt. It pays for the expenses, but not the mortgage. In addition to the usual fees, I need to keep cable and phone active.
There are tax benefits to have rental income property as well since all expenses are deductible.