Second home and as AirBNB

[Frederick Peregrino]

Second home use and part AirBNB when not in use. Can someone break down the way this could work. The Pros and Cons or even benefits to doing something like this within the legal guidelines. Thanks for you insight.

[Joshua Strickland]

Pros - turns a liability into an asset by making income. Diversifies your income streams from your regular job.

Cons - it becomes a business so you need to be ready to treat it like one. Also to maximize revenue you’ll want it rented on major holidays versus self use.