127: Renting your home for profit. What you need to know.

In this episode KT discusses:

  • How to turn your home into a vacation rental
  • Pros and cons of short-term rentals
  • The rental site learning curve

 

Key Takeaways:

  • The hidden costs of renting
  • Know the tax laws in your area
  • The truth behind the reviews

 

Quote:

“(Guests) don’t expect (your rental) to be a hotel. They expect you to be immaculate and operational. If you’re not willing to do that, work harder at your day job. ” – KT

 

If you are a successfully renting your home contact KT at kathleen@ktmoneymatters.com

 

 

Click here to reach KT 

See KT’s interview on C-Suite Network’s Best Seller TV

Connect with KT Thomas: http://ktsmoneymatters.com/

Purchase KT’s book- The Hardworking Woman’s Guide to Money 

Some theme music provided by Stay Positive by Mixaund | https://mixaund.bandcamp.com
Music promoted by https://www.free-stock-music.com

 

About the author, Kathleen

Kathleen Thomas, who often goes by KT, has over 25 years of experience in the financial services industry and understands the need for women to take control of their financial lives.

A Certified Investment Management Analyst, Chartered Life Underwriter, and Certified Financial Planner™ practitioner, Thomas earned her degrees in Finance and Political Science from Salem College.

Prior to founding NewDay Solutions, an independent Registered Advisor Firm, Thomas spent 20 years as a private wealth advisor for Ameriprise Financial Services. Many of her earliest clients continue to work with her.

Thomas is an avid long-distance runner and triathlon participant. She has completed the Boston Marathon seven times and the Ironman Distance Triathlon three times. She has volunteered as coach and mentor for Girls on the Run New Hampshire and Team in Training.

Raised in Newton, Massachusetts, Thomas now lives in Seabrook, New Hampshire, with her husband, John. They have one daughter.

Leave a Comment