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Thinking about renting out a spare bedroom in my home I…

Thinking about renting out a spare bedroom in my home

I can afford my mortgage and bills on my own but having some extra disposable income would be nice. I own a 3 bedroom 2 bath house with access to nice back yard and 2 car garage in central Florida.

I’m thinking of renting out one of my extra bedrooms for about $400/month for some extra side money. The renter would have access to the whole house except my bedroom/bathroom. The whole house would be considered “communal” space.

How difficult is it to find a good roommate that is not a creep? I’m a single young women living alone so I would prefer if my roommate is another woman. I also wouldn’t mind a married couple or someone with a child.

Any tips on how badly this would screw over my taxes as I would be considered a “landlord”? Do I really have to get a lawyer to make a rental agreement or can I make my own rental agreement and have them sign it?
#finance
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