Your "plan" of short term renting it for 8 months a year while you are not in the country is a whole topic fraught with issues in itself. Obviously... I didn't go into this without doing the research first and talking to others who have done it. I even created a post
here on Nomads to clarify some tax questions, which you participated in.
Does the HOA allow str rentals? Yes, I looked through the CC&Rs, talked to other owners in the HOA who are renting, etc.
This is such an obvious thing that the question is insulting.
Do you have a Mexican tax number? (You will need to pay taxes in Mexico and the US on the rental and need a Mexican accountant familiar with short
term rental platforms). An RFC is NOT required. You know this, and you know the implications. We've already discussed it in
the other thread. I'll get one if I choose to. No need to belabor this any further.
Who is going to manage the rental business, guest issues, maintenance, etc. for you? I will manage it, same as I manage my
entire real estate portfolio, some of which is remote. I have a very good system of creating teams for this. This is all pretty familiar stuff.
Are you going to get str insurance, or are you under the false impression that the rental platforms will reimburse you for damages, thefts, etc.
caused by guests? I am under no false impressions of anything. I've been doing this awhile. In fact it sounds like you are
the one that needs advise on how to operate a STR if you are having troubles with these things.
Lots of people think having an Airbnb is going to be easy money. I can assure you it isn't. I'm not one of them, but again,
you assume, and you look like an A$$. |