Microsublets and short-term rentals for vacant primary, vacation and second homes are on the rise since the start of 2008. And while many homeowners can help make ends meet by renting out an unused room, there are some legal and safety issues to work through first.Kayleigh Kulp...
Pursuing a series of short-term rentals could be advantageous if you're single. But there are definite drawbacks. "Single people don't always want to be tied down in these longer-term leases," says Beauchamp. "So you might be willing to pay a premium for the flexibility of ...
Now, don't get me wrong. There are legitimate ways to find bona-fide knowledgeable real estate gurus that know how to make some serious cash. But these "get rich quick" con artists only have a theoretical approach and no clue what the real world techniques are. Please do your research b...
If your rental house is foreclosed on, the IRS views it as a sale. This requires you to report the gain or loss you incur on your tax return. However, the foreclosure increases the complexity of the transaction for tax reporting purposes since you must consider other factors, such ...
I am going to manage short term vacation rentals (doesn’t require a real estate license… but maybe… another?) I won’t be physically in Arizona much, but I will contract out some small jobs to other firms or individuals i imagine paying independent contractors in the state doesn’t co...
Short-Term Rentals Short-term rental properties allow residents to rent out their homes on a nightly basis, usually as an alternative to a hotel. Short-term rentals are similar to rental properties, but they are specific to residential properties and usually only available for short-term periods...
Here’s what you need to know about credit cards, how they work, and how to avoid getting sucked into a debt trap. Key Points A credit card is essentially a short-term loan. Carrying a balance will lead to high interest costs. Pay more than the monthly minimum to avoid becoming overwhe...
Yes, you can find vacation rentals close to the most popular points of interest in Howtown, or you can select a more remote option if you'd like a relaxing place to stay. Visitors to Howtown speak positively about the lakeside and restaurants in this destination. Make sure you have time...
Vacation Rentals:When there is demand for home-away-from-home rentals, homeowners can earn income by renting out a house or even just a room on a short-term basis, especially if the property is in an area that’s a well-known tourist destination. Local bylaws commonly dictate the rules...
A gross lease is a type of lease that allows the tenant to use the property exclusively by paying a flatfee. It is commonly used for rentals in commercial property, such as office buildings and retail spaces that have numerous lessees. Fees or rents are calculated by landlords to reasonably...