An empty garage for a long time is a liability. After all, you pay a certain amount for it, although you do not use it. A liability can and should be turned into an asset. To do this, rent a garage. Perhaps the amount will not be too large, but the income will be stable.
Where to begin?
If you want to rent a garage, first decide on how long you will rent it, constantly or for just a few months. Then do a spring cleaning in the garage . Get rid of unnecessary junk, valuables or sell (if not needed), or find a place for them to store. Diagnose the condition of the electrical networks and the health of the lighting fixtures. And the most important point - find out how much it costs to rent a garage. View garage rental listings in your area for the amount you can count on.
How to find a tenant?
If it was not possible to rent the garage to friends or acquaintances, you will have to find a tenant on the side. Compose the text of the announcement, which indicate the size of the garage, the availability of communications, location, term and amount of the lease. There are two options for finding a tenant: independently conduct a small advertising campaign or seek help from a real estate agency. Choose the last option if you don’t have time to search. In addition, it is safer - realtors will help draw up a legally competent contract. At the first contact with the agency’s specialists, ask how much it costs to rent a garage. After all , you will also have to fork out for the customer search service.
Print the ads and place them in the permitted places of the area where the garage is located. Also advertise in newspapers. It will cost about ten dollars. Further, the text of the announcement and the photo of the garage should appear on free boards on the Internet. If you do not want to spend time searching for such resources, registering for them and posting messages there, then entrust this to a company specializing in such services specifically. For the fact that your proposal will be seen by visitors to dozens of thematic resources, they will charge you $ 15-20. It is easiest to rent a garage in Moscow, where there are many people who want to rent it, and there are much more opportunities for both self-searching and
delegating this business to companies providing such services.
Useful advice
After the contract has been successfully drawn up and the tenant has received the keys, do not rush to relax. You have one more, very important thing left. Just renting a garage and not sharing the profit with the state will not work. According to the law of the Russian Federation, a citizen who has received any income is required to pay income tax. In your case, it is 13% of the monthly rent. Provide the territorial tax service with a notice stating that you are renting real estate, as well as a photocopy of the contract. You do not have to visit fiscal authorities every month. The tax is calculated monthly, and you will pay it only once a year. This can be done on the day the income statement is submitted .