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
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