3 Pros and Cons of Renting Out Part of Your Home

3 Pros and Cons of Renting Out Part of Your Home

If your home has a finished basement or separate finished garage, for example, then your living space may be conducive to becoming a rental (provided your local zoning laws allow for it). As a homeowner, you have many expenses to deal with, from your mortgage to your property taxes to your homeowners insurance premiums.