Investing: the numbers that matter here

Rent, taxes, insurance and the association's rules decide whether a rental works.

• A rental doesn't get the homestead exemption, and its assessed value can rise up to 10% a year, so plan taxes on the full value.
• Rentals of six months or less owe Florida sales tax and Volusia's tourist development tax.
• Many condos and HOAs limit or ban short-term rentals, and some cap rentals overall. Read the rules before you offer.
• Insurance on a rental (a landlord policy) is priced differently. Get a quote with the home's roof age and flood zone.

Look at homes for saleAsk your broker about rental rules

Sources: Florida Constitution Art. VII §4; Florida Statutes §212.03 (transient rentals); Volusia County Revenue Division (tourist development tax). Programs and rules change; check what's current. This is general information, not legal or tax advice.