Financing
Lenders treat second homes, rentals and primary residences differently. Occupancy declarations are legal statements, so state your real plan to the lender.
Carrying costs
Plan for HOA, tax, insurance, utilities and AC while you are away. A building with services such as a doorman and storm preparation can make this easier.
Management
Many owners hire a property manager for inspections during storms, repairs and rentals. Ask for references and a written scope.
Taxes
Use of the home and rental income affect your tax position, and foreign owners have special rules. Consult a US tax professional. Lidiya Tretyak is a licensed Florida real estate agent with Douglas Elliman and speaks English, Russian and Ukrainian; the first consultation is free.
This guide is general information, not legal or tax advice. Laws and programs change — confirm details with a Florida attorney and a US tax professional.
