Guest ID
 

What I understand is 2 type: temporary resident ID is $50 and the renter have to pickup by themself. The Guest ID where it is free only 30 days permit, the owner have to show the ID when owner pickup the ID. I think renter can pick up too but do not know what requirement from The villages

Poster number 8 is correct re: resident IDs. Not sure what size house you have, but $1500 is plenty for summer rent. Expect a certain amount of wear and tear. Even meticulous friends can spill or scratch things. You may need to replace a towel or two, have carpet shampooed, maybe a ring mark or scratch here and there. For $1500./mo you can easily repair or replace, or clean when you get home.
Are you supplying a golfcart? That is something you might want to check out with your insurance co. Hope it works out well for you.

Tax information
 

Lots of good information here. Guest id's are only good for 30 days, if your renters are going to be here for more than 30 days you need to turn in your villages id's and fill out a form for the people that are renting your house.
You will have to file with the state of Florida and pay the 7% sales tax on the rental. If you are late filing each month you will have to pay a penalty (I know this firsthand).
You will also have to check with your insurance company for both your home and golf cart to see if renters can use either.
If you normally leave your house for the summer and set your temp at 80 or so, you will be using more electricity when the renters are setting it at 75 and it's 90+ degrees outside.
If there are things that you don't want them to use, you would have to lock them away somewhere.

Some decisions to weigh for collecting that rent.

Renting
 

When we rented our home out winters before we were able to use it we had to turn in out ID's at Spanish Springs sales center and the renters were issued ID's that were valid as long as they were here. Only one set of ID's will be issued per address. Any time we came down and stayed at the home while vacant we picked up our ID's and turned them back in when we left.

Renting your house
 

Hi
I can help you. I've rented my house in the past and I have also coached others on how to rent their houses. There are several things that you need to consider and put in place. For instance depending upon how long your friend is renting, you will need to pay Sales and Use tax on the rental income. If you don't and you get caught the fines are very steep. Additionally you will need to transfer your owner level ID rights to the tenant while they are here. Guest passes are not issued for long periods of time.
Privately email me at Country_Fox1@yahoo.com and we can setup a time a talk.
Donna

So we pay all the expenses all year anyway so no real extra cost for us. It will be 6 months starting May 1. Will look into the other things. Thanks.

Your water and electric will rise for 6 months - probably more than double. Plus you will pay taxes on your income and you’ll have repair/replacement costs.

You will probably net positive cash flow - but don’t think your expenses will not increase.

We’ve had to replace coffee tables, glasses, stuff in the kitchen walks away (probably in the trash).

Hopefully there will not be much damage. A single female doctor will be there and maybe we will just call it a house sitter for us. We shall see.

Yes, I don’t see why she can’t present you with a thank you gift, when she is gone. If it was one of my friends they would not be paying rent, but house minding for me.

my, my you all are judgmental about the quality of the original poster's choice in friends. the original poster just asked about the requirements which are Village ID requirements, insurance and taxes, that is it. .

the quality of his friend is unknown to you, so really not a answer appropriate to the question.