Talk of The Villages Florida - View Single Post - Buy and Rent Before Moving Down to TV?
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Old 08-22-2007, 02:23 PM
larrydube larrydube is offline
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Default Re: Buy and Rent Before Moving Down to TV?

If you use the Villages to rent your house you do not have to do a thing. We bought in 2005 and will not be down for another 776 days (not counting ;D ) and they dropped us after a year. So we have been renting it out ourselves with the help of some friends in the Villages who do the cleaning after the people leave and just look after it while we are up here in Maine. The one bad thing about renting it out on your own is that you have to pay the sales tax on your own (apply for the sales tax id both state & county) and then remember to pay it. But all in all, we are glad that we are renting it. We bought at a good time and have seen the house appreciate in value. We were lucky in that we paid for ours so we have no mortgage only the monthly costs. Good luck in whatever you decide
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Saco, Maine