How to rent out basement Frederick Maryland

[Jamie Bennett]

I bought a house recently in Frederick Maryland and I'm curious what kind of work this entails.  I've had roommates before when renting so i'm familiar with that process.  I'm more wondering about the taxes, fees, escrow accounts, things i'm legally obligated to do besides provide the tenant with a livable arrangement.

I will be living in the house so would I be able to pick someone as I would a roommate?  Meaning I don't live with people who smoke, drink or use alcohol in an abusive manor.  (I've been in recovery for nearly a decade so it's more than just a preference).  That being the case could my lease have a clause that if any drug use is discovered or I feel that they are drinking to excess, that they can be evicted?

I'm especially curious about taxes from the extra income and how that works.  That income will be used to pay for the mortgage, I've read somewhere that makes a big difference.

Any help about this would be great!