Anastasia, Home Buyer in Playa del Rey, CA

Is it allowed to rent out as a vacation rental?

Asked by Anastasia, Playa del Rey, CA Sun Feb 8, 2009

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This question is about this property: http://www.trulia.com/property/1074369411-4265-Marina-City-D…

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Answers

1
For loan purposes you have two choices:

Buy as an investment and use the rent for qualifying or buy as a rental and qualify for the whole payment.

Difference...Rates are higher on investments

Then there is the matter on how you will be doing your taxes on this property...investment or vacation which is another matter.

Good luck to you
0 votes Thank Flag Link Mon Feb 9, 2009
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