We have rented out ur CYV in the Jan-Mar time frame for two years. When we came down we enclosed the lanai and did the maintenance free landscaping which got covered by the rental income.
We had to pay extra for income tax prep both in the US and Canada. Now that the major costs have been covered and the home is the way we want it, we have decided to see if we need to rent it out to cover some of the maintenance costs or if we can manage it ourselves, so this year we are not renting it out.
We like not having to put everything away, although we do have storage units in the garage. We also like to not have to worry about others in our house using our stuff. We have had good renters but I think the factor that took us over the edge was the golf cart insurance issue. Our neighbour looks after our golf cart while we are away so having him come in to take the golf cart out while renter were in and not allowed to use the cart etc was enough of a discomfort for us to forgo renting it out.
We may find that the extra income is worth the added costs and discomfort and if so we will revisit the decision to get out of the market.
We love having this vacation twice a year knowing that everything is what we want and we don't have to "consider the renters" when we purchase things for the house or do anything with it.
Just another point of view.
LW888
__________________
"A journey of a thousand miles begins with a single step" Lao-tzu
Last edited by lightworker888; 08-03-2012 at 07:09 AM.
Reason: Punctuation. The downside of having taught English.
|