StraitRVing Posted September 15, 2019 Report Share Posted September 15, 2019 I would not rent the RV out either. Quote Richard "Doc" Strait, USN Retired 2017 Coachmen Leprechaun 319MB Point of Contact for the Military, Veterans, and Gold Star Families BOF Link to comment Share on other sites More sharing options...
Carlos Posted September 19, 2019 Report Share Posted September 19, 2019 It may go right. Quote Link to comment Share on other sites More sharing options...
chirakawa Posted September 19, 2019 Report Share Posted September 19, 2019 It could go either way. Quote Everybody wanna hear the truth, but everybody tell a lie. Everybody wanna go to Heaven, but nobody want to die. Albert King Link to comment Share on other sites More sharing options...
Vladimir Posted September 19, 2019 Report Share Posted September 19, 2019 I have a friend that bought his FIRST RV and put it into the rental pool with a company. Full Disclosure....he had connections to a friend whose family owned the rental company. It pretty much is similar to renting your vacation home. In his case, he lives in a urban area with no room for an RV. So the rental company ends up being his "free" parking site. He is high income in retirement, so the tax breaks are significant in his case. The rental company takes care of his maintenance and it is split between warranty, rental, or his responsibility. Which he can deduct on his taxes. He has had some interesting discoveries. It really has not been that different than with our vacation home. His wife insisted on a larger RV than could haul their grandchildren, well that is more attractive for larger rental groups. All our vacation home problems come with large groups. So IF I were to do it I would get a small RV that limited the rental to ONE couple. Your mileage and experience may vary....the real benefits in his case. FREE STORAGE and quick on site repairs. I have not seen his tax return to comment on that aspect. My sense, if you don't need to tax benefits...have plenty of parking for your RV...and maintenance is not an issue. I would pass. Quote Vladimr Steblina Retired Forester...exploring the public lands. usbackroads.blogspot.com Link to comment Share on other sites More sharing options...
Dutch_12078 Posted September 19, 2019 Report Share Posted September 19, 2019 When we were still part-timers, we were very prone to deciding to take off with our motorhome on the spur of the moment, so no, we would never have considered renting it out. Our record was 20 minutes from decision to turning the key. Got home three weeks later... Quote Dutch 2001 GBM Landau 34' Class A F-53 Chassis, Triton V10, TST TPMS 2011 Toyota RAV4 4WD/Remco pump ReadyBrute Elite tow bar/brake system Link to comment Share on other sites More sharing options...
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