If you make it a pure rental...quite a few good things happen. Check with your tax man...but you can depreciate it, maintenance is a write off (lawn mowing, repairs, etc), "make ready" after a renter leaves, insurance, taxes, rental fees to a realtor. There is some rule that you can't stay in it more than 10 or 12 days a year....but I won't tell if you don't! LOL
Last edited by Red3Fish; 11-04-2011 at 06:26 AM.