[JohnZ]

Rent rates in TV is very seasonal. Very high Jan through Mar.....less during the shoulder season and reasonable the rest of the time. We were leasors of two villas several years ago and we would have liked to rent to year-round leasees who would have paid essentially our carrying costs throughout the year and we would have avoided re-renting hassels. I'll bet that if you approach those who lease their homes with this kind of arrangement that you'll find some interest. Then there is also the possibility of a lease-purchase arrangement where a portion of your rent applies toward down-payment. Regarding capital gains tax: You are allowed to take a profit of $500,000 from your current home (if you're married), $250,000 (single) without any tax consequence whatsoever and there is no roll-over time period to buy a new primary residence.