Talk of The Villages Florida - View Single Post - Long Term Rentals
Thread: Long Term Rentals
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Old 02-24-2022, 05:59 AM
GRACEALLEMAN GRACEALLEMAN is offline
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Quote:
Originally Posted by mrf0151 View Post
We have had a furnished long-term annual rental in TV about a mile from our home. In the 7+ years that we have owned the property we have been fortunate. It has been occupied with an annual contract every year. Most recent tenant going on their 4th year now.
Any rent over 6 consecutive months you will not have to pay the Florida hotel tax on your income. I would not recommend having a rental if you have to do it with a mortgage attached. Fortunately, ours is free and clear so it shows nice profits not to mention the appreciation over time.
We are new to the villages only one year, where can we look for property that is for sale in the villages?
I know about all the realtors and all that but I'm talking about a private person selling their home