Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Short-Term & Vacation Rental Discussions
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on . Most recent reply

User Stats

137
Posts
82
Votes
Jared Boundy
  • Real Estate Broker
  • Seattle, WA
82
Votes |
137
Posts

STR on weekends with renter during the week

Jared Boundy
  • Real Estate Broker
  • Seattle, WA
Posted

I've got a question for anyone who is an Airbnb host AND a landlord...I have a situation that is good for me, but I'm trying to figure out the best way to handle it in terms of a contract/lease. I have someone who wants to rent my furnished apartment during the week (to avoid an extremely long commute), and then I will rent it out on Airbnb on the weekends. This person will also handle the cleanings for me. As far as I understand, if I set up a monthly lease, the income would be considered passive, and the renter would have tenant rights. Whereas, if I just rent it for essentially 4 days at a time, no tenant rights (ie-I can stop and change the locks anytime without dealing with warnings and any eviction process), but then the income might be considered active and be taxed differently. Obviously, I'm not asking for reliable legal advice, but any thoughts or suggestions to share?

Most Popular Reply

User Stats

9,876
Posts
15,876
Votes
JD Martin
  • Rock Star Extraordinaire
  • Northeast, TN
15,876
Votes |
9,876
Posts
JD Martin
  • Rock Star Extraordinaire
  • Northeast, TN
ModeratorReplied

What happens if the AirBnB guest doesn't vacate for some reason by Monday morning? Or, conversely, the renter doesn't vacate by Friday evening? Will they just all bunk together? You might think that this will never happen but I would virtually bet money that it will happen at some point for any billion reasons that anyone can come up with - the renter's car breaks down so she can't go back for the weekend, or the AirBnB guest's flight gets cancelled, or... you get the idea. If you're going to do it, then you're going to need a super-specific lease that strongly states that the tenant only has use of the property Monday-Friday and if she has not vacated the premises by some time (midnight?) there are hefty financial penalties as well as cancelling the remaining ability to use the apartment going forward. As for the AirBnB guest, well you will to some extent be at the mercy of the entire system there unless you are somewhere that the police agree to help you remove a guest that hasn't left. 

business profile image
Skyline Properties

Loading replies...