Quote:
Originally Posted by sling438
As an alternative to selling, someone suggested that I consider renting my patio villa long term (six months or more). Does anyone have experience with this? Is there a maximum term (2,3, 4 years) I can lease a property for?
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My 90 year old mother doesn't want to move to TV full time. She loves TV but likes the four seasons, her friends, family and church more!
So, we had our home built in 2012 and put it in the long-tem, unfurnished rental program right after we closed. We have a one year lease. I pay the taxes, insurance, full service lawn care with Stellar, amenity fees, maintenance issues, etc. The renters pay for their cable, internet, electric and phone.
Most expenses incurred on our home our tax deductible: taxes, amenity fees, insurànce, lawn care, etc. Big ticket items are pro-rated over a number of years.
We rent our home through JD&V Property Management.
I would love to be in TV, but this works for us now.