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ESTAPLACE.COM REAL ESTATE - FREE LISTING SERVICE -
is an accommodation and real estate directory, where real estate property owners or real estate agencies connect with vacationers and home buyers worldwide. If you are a seller, you can add listings in few seconds, and if you are a buyer you can search listings to find your dream property!
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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Mon, 22 Aug 2005 16:14:31 GMT
/ Author of the message: "Don" |
Title of the message: |
Re: Steps to Renting out First Home
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Text of the message: |
<ginad515@ADELPHIA.NET> wrote in message news:1124684008.399688.321160@z14g2000cwz.googlegroups.com... Do I need to refinance my property > as an investment property, or can i maintain my current mortgage with a > renter. I have lived in the house approximately 2 years and I do > intend to move back once I find a job in this area again. Do I have to > form a LLC to protect myself from liabilities and to make tax > deductions? Is that a good idea, or will I be okay to just rent it out > straight without forming an LLC? You do not have to do anything with the current mortgage or make any legal arrangements whatever. Just keep on paying the mortgage as before. If you intend to move back into the house in 2 years, by all means keep it and rent it in the meantime. . |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.