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For Rent in Beverly Hills : Real Estate Advice

  • All232
  • Local Info12
  • Home Buying51
  • Home Selling4
  • Market Conditions10

Activity 6
Thu May 12, 2016
Galinanovikova1950 asked:
Wed May 4, 2016
sol asked:
Mon Apr 18, 2016
Jonathan Lahey Your Home SOLD Guaranteed answered:
Hi Adam,

Trulia no longer accepts manual submissions of rental listings. If you would like to post a rental on Trulia, you will be redirected to use our partner site, Zillow Rental Manager, to list your rental on Zillow, Trulia and other top sites. Please follow this link for instructions on how to post a rental listing:
... more
0 votes 3 answers Share Flag
Tue Oct 29, 2013
michellelongnaker answered:
Start by searching real estate agents in the neighborhood you are searching. They will know the area, and will be able to help.
0 votes 2 answers Share Flag
Thu Apr 12, 2012
Steven Ornellas answered:

You definitely need to speak to a CPA for a final definitive answer regarding your question.

My personal understanding is that one can still take the mortgage interest deduction (MID) and rent their personal residence out tax-free for up to 14 days a year; HOWEVER, once you surpass 14 days:

1) You have to claim all the rent as income (if you do not exceed the 14 day rule the rent is tax-free),

2) You lose your right to claim the MID and

3) You cannot claim business expenses or depreciation.

Topic 415 - Renting Residential and Vacation Property (formerly Renting Vacation Property and Renting to Relatives)

Publication 527 (2011), Residential Rental Property

Publication 936 (2011), Home Mortgage Interest Deduction

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0 votes 4 answers Share Flag
Mon Apr 25, 2011
Connie De Groot answered:
Why don't you list it in the MLS? There are people out there looking to rent so you should have no problem unless your asking price is too high.
0 votes 8 answers Share Flag
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