Talk of The Villages Florida - View Single Post - how easy is to rent your home until you ready to move
View Single Post
 
Old 09-30-2011, 07:07 AM
mgm4444 mgm4444 is offline
Senior Member
Join Date: Jan 2009
Location: NY
Posts: 275
Thanks: 1
Thanked 2 Times in 2 Posts
Default renting pros and cons

These are some of the questions I keep mulling over as far as renting.....

Is it a near-guarantee that you will get a renter Jan-Mar?
If so, would you think the rental income pay your household bills (minus mortgage and landscaping) for the year?
How would I be taxed on rental income?
Does it pay to have cable all year, if you're not there most of the year? What does basic cable cost?
Does it pay to have a landline? I use my cell as my primary phone. Haven't had a landline in years.
If you're not there full time, can your bills get forwarded to your primary residence?
I know there a couple of "home-watchers" on this site - do they do that months at a time for people? - what is the average price? what do they take care of or look out for?

A little nervous being a "landlord"...is it more like a part-time job?

Would like to hear more pros and cons on renting....

thanks!

Last edited by mgm4444; 09-30-2011 at 07:09 AM. Reason: more questions