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Old 04-06-2007, 09:52 AM
 
Location: Fayetteville, NY
1 posts, read 1,945 times
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Hello,

Can anyone tell me whether it requires any permit or legal procedures to use your primary or second home for vacation rental?

Thanks very much.
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Old 04-06-2007, 08:29 PM
 
Location: Huntington
1,214 posts, read 3,642,084 times
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I have a second home that is currently being rented, (the lease ends this coming June), and what I had to do was go to an attorney who wrote up a lease rider, and then I had to take out two insurance policies - one umbrella policy and one for the building itself.

That was it, but I do use an accountant to figure out the taxes. I don't think I would like to undertake that myself.

An attorney would be able to answer your question about having to get a permit - I honestly don't think you need to do that. But better to check it out and be sure.
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