Tag: Rental Property

Posted on 03/28/2021
Selling or Renting an Inherited House
Photo by Dave Frisch from Pexels If you've inherited a house you'd rather not live in, here are some things to consider—before you accept it. Before we get to the selling or renting part, calculate the cost of: Repairs and renovations. Any debt that would pass to you with the home. Annual property taxes. Yes, you may decline...
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Posted on 08/16/2020
Should I Turn My House into a Short-Term Rental
Photo by Arek Socha via Pixabay In a bid to afford homes in high-value areas, many homeowners turn to income from short-term rentals to cover a high mortgage payment. You can benefit from this option with some caveats: Location really matters. A lot. You might advertise your home as near the coast when it’s really 20 miles inland...
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