Renting out rooms in Chesapeake, VA area

[Account Closed]

Hello BP! Basically the title. Pros and cons? Did you have to get permit/have the place inspected? How do you file for tax? What are the things that you would consider?

Thank you in advance!

[Patti Robertson]

Short term = less than 30 days. Corporate rental = less than 89 days. Anything 90 days or more falls under the VRLTAa d is considered long term.