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Nesgroup address: misc.invest.real-estate - Date & Time for the message: 23 Aug 2005 09:11:33 -0700
/ Author of the message: el_roachmeister@yahoo.com |
Title of the message: |
Re: Steps to Renting out First Home
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Text of the message: |
The only legal step you need is to call your county office and have them remove the 'owner-occupied' exemption from your home for your property tax calculation. I am not sure if they have their way of finding this out , but in any case it would be illegal to claim an exemption that is not true. Also you can't just look at mortgage payment and rent to calculate if you are making money. you will make more money absorbing a negative cash flow for a short term then a positive cash flow for long term. . |
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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.