{"id":57439,"date":"2024-08-01T16:18:15","date_gmt":"2024-08-01T20:18:15","guid":{"rendered":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/travel-and-cross-border\/buying-or-refinancing-a-us-property\/renting-out-your-u-s-home-short-term-versus-long-term\/"},"modified":"2025-10-31T08:35:50","modified_gmt":"2025-10-31T12:35:50","slug":"renting-out-your-u-s-home-short-term-versus-long-term","status":"publish","type":"rbc_my_money_matter","link":"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/travel-and-cross-border\/buying-or-refinancing-a-us-property\/renting-out-your-u-s-home-short-term-versus-long-term\/","title":{"rendered":"Renting Out Your U.S. Home: Short-term Versus Long-term"},"content":{"rendered":"<div class=\"wp-block-rbc-single-article-header\">\n\t<section class=\"section-grey cover pad-t-hlf\">\n\t\t<div class=\"section-inner w-half w-mob-full centered-margin cover section-grey pad-tb-0\">\n\t\t\t\t\t\t\t<div class=\"inline-block pill-container pill-taxonomies\">\n\t\t\t\t\t<div class=\"mar-b-hlf mob-mar-b snipe pill is-style-blue-pill\">\n\t\t\t\t\t\t<a class=\"primary-taxonomy\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/real-estate\/\">\n\t\t\t\t\t\t\t<span>Real Estate<\/span>\n\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t<h1 class=\"mar-b-hlf mar-t-0 mob-pad-lr-hlf h2 has-black-color\">Renting Out Your U.S. Home: Short-term Versus Long-term<\/h1><p class=\"mar-b-0 mob-pad-lr-hlf author-text\">By Diane Amato<\/p>\t\t\t\t\t<div class=\"featured-image-wrapper pos-rel\">\n\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"930\" height=\"620\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2023\/09\/How-to-use-Thumbnail-default_402x.jpg?quality=80\" class=\" cover-image  wp-post-image\" alt=\"\" srcset=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2023\/09\/How-to-use-Thumbnail-default_402x.jpg 930w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2023\/09\/How-to-use-Thumbnail-default_402x.jpg?resize=300,200 300w, https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2023\/09\/How-to-use-Thumbnail-default_402x.jpg?resize=768,512 768w\" sizes=\"auto, (max-width: 930px) 100vw, 930px\" \/>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t<\/section>\n\t<div class=\"article mar-t-dbl\">\n\t\t\t\t<section>\n\t\t\t<div class=\"section-inner socials-section\">\n\t\t\t\t<div class=\"top-socials-bar mob-mar-b-hlf\">    <div class=\"social-links mob-mar-b-hlf mob-mar-t-hlf\">\n            <a class=\"social-button-wrapper sharing-custom sharing-email\" href=\"mailto:?subject=Renting Out Your U.S. Home: Short-term Versus Long-term &#038;body=Hi, I thought you might be interested in this article from RBC My Money Matters: https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/travel-and-cross-border\/buying-or-refinancing-a-us-property\/renting-out-your-u-s-home-short-term-versus-long-term\/\">\n        <img decoding=\"async\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/assets\/img\/icons\/icon-email.svg\"\n          alt=\"envelope icon\">\n        <span>\n          Email        <\/span>\n      <\/a>\n      <div class=\"social-button-wrapper sharing-copy-wrapper\">\n        <button class=\"sharing-custom sharing-copy\" data-url=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/travel-and-cross-border\/buying-or-refinancing-a-us-property\/renting-out-your-u-s-home-short-term-versus-long-term\/\">\n          <img decoding=\"async\"\n            src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/assets\/img\/icons\/icon-related.svg\"\n            alt=\"copy icon\">\n          <span id=\"sharing-copyUrl-Label\">\n            Copy URL          <\/span>\n        <\/button>\n        <input type=\"text\" class=\"sharing-copy-text\" aria-labelledby=\"sharing-copyUrl-Label\">\n      <\/div>\n    <\/div>\n  <\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section>\n\t\t\t<div class=\"section-inner w-half w-mob-full centered-margin pad-tb-0 mob-mar-t-hlf mob-mar-b\">\n\t\t\t\t<p class=\"cover-pub-line text-xs mar-b-hlf\">Published August 1, 2024 \u2022 6 Min Read<\/p>\t\t\t<\/div>\n\t\t<\/section>\n\t<\/div>\n<\/div>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner w-half w-mob-full\" style=\"border-radius:0x\">\n<p>Who wouldn&#8217;t love an extra income stream in U.S. dollars? If you&#8217;re a Canadian snowbird with a vacation property in a sunny spot like Hawaii or California, Arizona or Florida \u2014 renting your place out while you&#8217;re not there can really help balance the expenses of having a second home. Based on how you want to use the place, you can create a strategy for short-term or long-term rentals.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Short-term Rentals<\/h2>\n\n\n\n<p>Maybe you spend practically the entire winter in your U.S. home, but even if you&#8217;re only leaving your property for a few days at a time to visit new parts of the state \u2014 you still might be able to rent out your place for short periods.<\/p>\n\n\n\n<p>Before doing anything, check local bylaws or city municipality laws to find out if renting out your place for less than a month is allowed in your area. Also check for any applicable condominium or homeowner association rules that might prohibit short-term renting.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Short-term pricing<\/h3>\n\n\n\n<p>The good news is, you can typically charge more for short-term stays than you can for letting your place out to one renter for a few months.<\/p>\n\n\n\n<p>Get a benchmark on what you can charge locally by talking with your neighbours and looking at comparable listings online.<\/p>\n\n\n\n<p>In many markets, prices should be slightly lower for November and December. But if there&#8217;s a big festival going on in your area (for example, The Coachella Valley Music and Arts Festival), you may be able to charge at least double for that period.<\/p>\n\n\n\n<p>Keep in mind that you&#8217;ll be covering costs such as utilities, cleaners, and \u2014 likely \u2014 a property manager or Airbnb co-host to look after things while you&#8217;re away. Taxes on the income earned through renting should also be factored in when you&#8217;re setting a price. Talk with a cross-border tax expert if you have questions.<\/p>\n\n\n\n<div class=\"wp-block-columns has-border-color has-rbc-bright-blue-tint-1-border-color has-white-color has-rbc-bright-blue-tint-1-background-color has-text-color has-background is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\" style=\"border-width:1px\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p class=\"has-white-color has-text-color\">It\u2019s a good idea to create a contract with renters that reflects local rental laws and that covers any rules of your community or condominium.all your borrowing needs under one simple, flexible plan.<\/p>\n<\/div>\n<\/div>\n\n\n\n<h3 class=\"wp-block-heading\">A note on renters<\/h3>\n\n\n\n<p>If you&#8217;re listing your vacation home on a popular site like Airbnb, you don&#8217;t have to rent to the first person who inquires about your home. If you are second-guessing whether a potential renter may be a bad temporary tenant, you can move on to the next inquiry.<\/p>\n\n\n\n<p>Get friendly with your neighbours. They may help keep an eye on your place while you&#8217;re renting it out. A trusted cleaner (and a back-up cleaner, just in case!), can also help keep an eye on things while there are short-term renters in.<\/p>\n\n\n\n<p>It&#8217;s a good idea to create a contract with renters that reflects local rental laws and that covers any rules of your community or condominium.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Long-term Rentals<\/h2>\n\n\n\n<p>Long-term rentals may be a great way to offset mortgage costs if you are a few years away from retirement, and have already invested in a U.S. property. Even for those who have already retired, setting aside a couple of months to offset costs may make a difference financially.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Long-term rental pricing<\/h3>\n\n\n\n<p>Look online at similar listings in your area to figure out how much you might be able to charge. Also note that a small discount off the monthly rate is typical if someone is renting for three months or more.<\/p>\n\n\n\n<p>Make sure you have proper coverage \u2014 especially liability insurance \u2014 for the time you&#8217;re renting out your property.<\/p>\n\n\n\n<p>If you&#8217;re planning to rent your house year-round, it&#8217;s likely in your best interest to hire a property manager to help with screening your tenants, as well as the ongoing issues involved with being a landlord.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Where to List Your Property<\/h3>\n\n\n\n<h4 class=\"wp-block-heading\">Online<\/h4>\n\n\n\n<ul class=\"wp-block-rbc-list default is-style-blue-disc\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"is-style-default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default\">National sites include Craigslist, HomeAway, VRBO, CanadaStays and Airbnb \u2014 which isn&#8217;t just for short-term rental listings; you can list monthly rentals on there, too.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"is-style-default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default\">Ask neighbours what&#8217;s popular in your area. Maybe everyone in your neighbourhood lists long-term rentals on a local Facebook page or another local classified site.<\/p>\n<\/li>\n\n\n\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"is-style-default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default\">You could also set up your own website showcasing your property. There are lots of free and easy-to-use web builders available \u2014 Wix and WordPress for example. If you enjoy social media, you could use Instagram, Facebook and Twitter to advertise your place too.<\/p>\n<\/li>\n<\/ul>\n\n\n\n<p>Take the best photos of your property that you can. Shoot on a sunny day, so as much natural light filters into the space as possible. Clean away any clutter, so the rooms looks fresh and open and clean. And add a few inviting little touches such as fresh flowers on the kitchen table. Also, the more great photos you have \u2014 from outside the house as well as inside \u2014 the more a potential renter can get a feel for your place.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Word-of-Mouth<\/h4>\n\n\n\n<ul class=\"wp-block-rbc-list default is-style-blue-disc\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"is-style-default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default\">Definitely tell friends, neighbours, and family that you&#8217;re looking to rent out your property. Using your own network can be a great way to find renters you trust.<\/p>\n<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Local companies<\/h4>\n\n\n\n<ul class=\"wp-block-rbc-list default is-style-blue-disc\">\n<li class=\"wp-block-rbc-list-item\">\n<p class=\"is-style-default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default default\">If you plan on renting long-term, you could opt to go with a rental company or local realtor who&#8217;ll do all the work for you (for a fee), from advertising your place to property management.<\/p>\n<\/li>\n<\/ul>\n\n\n\n<section class=\"wp-block-rbc-section-block section-cool-white pos-rel  mar-b-hlf has-f-5-f-8-f-9-background-color has-background\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner mar-b-hlf\" style=\"border-radius:0x\">\n<div class=\"wp-block-rbc-rbc-block-inner-block block-inner\">\n<section class=\"wp-block-rbc-section-block  pos-rel pad-t-0 pad-b-0\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block inner-section-cool-white section-inner  pad-b-0 pad-t-0 has-f-5-f-8-f-9-background-color has-background\" style=\"border-radius:0x\">\n<div class=\"wp-block-columns  mar-b-0 is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column mar-r mob-mar-r-0 is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-large mar-b-0\"><img decoding=\"async\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2023\/08\/SMB_Tip_5_-_Woman_doing_online_shopping.jpg?w=1024\" alt=\"Woman in cafe shopping online with laptop\" class=\"wp-image-24851\"\/><\/figure>\n\n\n\t\n\t<div class=\"wp-block-tk-spacer id-03298a72-3a30-4b29-8ac6-402fc9da458f\" aria-hidden=\"true\"><\/div>\n\t<\/div>\n\n\n\n<div class=\"wp-block-column mar-r mob-mar-r-0 is-layout-flow wp-block-column-is-layout-flow\">\n<h4 class=\"wp-block-heading mar-t-0 mar-b-0 pad-b mob-pad-b\" id=\"h-thinking-about-renting-out-your-u-s-property\">Thinking About Renting Out Your U.S. Property?<\/h4>\n\n\n\n<p>Leveraging your U.S. home equity can provide you access to U.S. dollars without having to sell your U.S. property<\/p>\n\n\n\t\n\t<div class=\"wp-block-tk-spacer id-957f277c-de3e-42b9-a179-ce1c9ef3bc5d\" aria-hidden=\"true\"><\/div>\n\t\n\n\n<p><a href=\"https:\/\/www.rbcbank.com\/dms\/cross-border-banking\/us-equity-i-b.html?utm_source=Blog&amp;utm_medium=organic&amp;utm_campaign=MMM\" data-dig-id=\"LP-58132-5a0e1eee\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"Learn more\" class=\"rbc-link-format goto-link\" data-icon-class=\"goto-link\">Learn more<\/a><\/p>\n\n\n\t\n\t<div class=\"wp-block-tk-spacer id-703f335d-5adf-45a2-9c04-892e5673fe1e\" aria-hidden=\"true\"><\/div>\n\t<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<\/div>\n<\/section>\n\n\n\n<div class=\"wp-block-rbc-rbc-default-collapsible\"><p><button class=\"collapse-toggle collapsed\" data-target=\"#collapse834a1009\" data-toggle=\"collapse\" aria-expanded=\"false\" aria-controls=\"collapse834a1009\" data-dig-id=\"LP-57439-834a1009\" data-dig-category=\"LP\" data-dig-action=\"accordion closed\" action-closed=\"accordion closed\" action-opened=\"accordion open\" data-dig-label=\"Things our lawyers want you to know\"><span>Things our lawyers want you to know<\/span><span>Things our lawyers want you to know<\/span><\/button><\/p><div class=\"collapse-content collapse\" id=\"collapse834a1009\">\n<div class=\"wp-block-rbc-collapsible-inner-block collapse-inner\">\n<p>This article is intended as general information only and is not to be relied upon as constituting legal, financial or other professional advice. A professional advisor should be consulted regarding your specific situation. Information presented is believed to be factual and up-to-date but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the authors as of the date of publication and are subject to change. No endorsement of any third parties or their advice, opinions, information, products or services is expressly given or implied by Royal Bank of Canada or any of its affiliates.<\/p>\n\n\n\n<p>RBC Bank is RBC Bank (Georgia), National Association (\u201cRBC Bank\u201d), a wholly owned U.S. banking subsidiary of Royal Bank of Canada, and is a member of the U.S. Federal Deposit Insurance Corporation (\u201cFDIC\u201d). U.S. deposit accounts are insured by the FDIC up to the maximum amount permissible by law. U.S. banking products and services are offered and provided by RBC Bank. Canadian banking products and services are offered and provided by Royal Bank of Canada. U.S. deposit accounts are not insured by the Canada Deposit Insurance Corporation (\u201cCDIC\u201d). RBC Bank, Equal Housing Lender.<img loading=\"lazy\" decoding=\"async\" width=\"54\" height=\"62\" style=\"vertical-align: middle;margin: 0 2px;width: 30px\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2023\/08\/House_logo-1-171.jpg\" alt=\"equal housing lender\"><\/p>\n<\/div>\n<\/div><\/div>\n\n\n\t\n\t<div class=\"wp-block-tk-spacer id-83b9c6ff-414a-4258-9800-3bac557c862a\" aria-hidden=\"true\"><\/div>\n\t\n\n\n<p class=\"has-text-align-center h5 mar-b\"><strong>Share This Article<\/strong><\/p>\n\n\n\n\t\t<div class=\"socials-block\">\n\t\t\t    <div class=\"social-links mob-mar-b-hlf mob-mar-t-hlf\">\n            <a class=\"social-button-wrapper sharing-custom sharing-email\" href=\"mailto:?subject=Renting Out Your U.S. Home: Short-term Versus Long-term &#038;body=Hi, I thought you might be interested in this article from RBC My Money Matters: https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/travel-and-cross-border\/buying-or-refinancing-a-us-property\/renting-out-your-u-s-home-short-term-versus-long-term\/\">\n        <img decoding=\"async\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/assets\/img\/icons\/icon-email.svg\"\n          alt=\"envelope icon\">\n        <span>\n          Email        <\/span>\n      <\/a>\n      <div class=\"social-button-wrapper sharing-copy-wrapper\">\n        <button class=\"sharing-custom sharing-copy\" data-url=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/travel-and-cross-border\/buying-or-refinancing-a-us-property\/renting-out-your-u-s-home-short-term-versus-long-term\/\">\n          <img decoding=\"async\"\n            src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/plugins\/rbc-blocks\/assets\/img\/icons\/icon-related.svg\"\n            alt=\"copy icon\">\n          <span id=\"sharing-copyUrl-Label\">\n            Copy URL          <\/span>\n        <\/button>\n        <input type=\"text\" class=\"sharing-copy-text\" aria-labelledby=\"sharing-copyUrl-Label\">\n      <\/div>\n    <\/div>\n  \t\t<\/div>\n\n\t\t\n\n\t\n\t<div class=\"wp-block-tk-spacer id-3bf9d53e-71e6-450f-a12c-25feb1f6b2b5\" aria-hidden=\"true\"><\/div>\n\t\n\n\n\t\t\t<div class=\"wp-block-rbc-single-post-topics related-topics-links\">\n\t\t\t\t<p class=\"h5 mar-r-hlf\">Topics:<\/p>\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/cross-border\/\" class=\"btn topic mar-t-0 mar-r-qtr mar-b-hlf\">Cross-Border<\/a>\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/home-ownership\/\" class=\"btn topic mar-t-0 mar-r-qtr mar-b-hlf\">Home Ownership<\/a>\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/topic\/real-estate\/\" class=\"btn topic mar-t-0 mar-r-qtr mar-b-hlf\">Real Estate<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel mob-pad-t-dbl\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<h2 class=\"wp-block-heading mar-b mob-mar-b-dbl mar-t-0\" id=\"h-read-this-next\">Read This Next<\/h2>\n\n\n\t\t\t<div class=\"related-posts-type-2\">\n\t\t\t\t<div class=\"related-post-list\">\n\t\t\t\t\t<ul class=\"grid-wpr eh-wpr\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li class= 'grid-one-third grid-tb-full grid-mob-full mar-b'>\n\t\t\t\t\t\t\t\t\t\t<article class=\"col-wpr mar-b-0 mar-r-0 mar-l-0\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"postcard-img-ctr post-card-image col-md-12 col-xs-6 mob-mar-b-0 pad-l-0\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"930\" height=\"620\" 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Reveal<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<\/article>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li class= 'grid-one-third grid-tb-full grid-mob-full mar-b'>\n\t\t\t\t\t\t\t\t\t\t<article class=\"col-wpr mar-b-0 mar-r-0 mar-l-0\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"postcard-img-ctr post-card-image col-md-12 col-xs-6 mob-mar-b-0 pad-l-0\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"494\" src=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2023\/09\/Refinancing_Your_U.S._Home_Banner-wide_402x-scaled-1.jpg?quality=80&amp;w=1024\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"A woman in a doorway\" srcset=\"https:\/\/www.rbcroyalbank.com\/en-ca\/wp-content\/uploads\/sites\/12\/2023\/09\/Refinancing_Your_U.S._Home_Banner-wide_402x-scaled-1.jpg 2560w, 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{\n\t\t\theight: 24px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-957f277c-de3e-42b9-a179-ce1c9ef3bc5d {\n\t\theight: 10px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-957f277c-de3e-42b9-a179-ce1c9ef3bc5d {\n\t\t\theight: 10px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-703f335d-5adf-45a2-9c04-892e5673fe1e {\n\t\theight: 1px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-703f335d-5adf-45a2-9c04-892e5673fe1e {\n\t\t\theight: 24px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-83b9c6ff-414a-4258-9800-3bac557c862a {\n\t\theight: 96px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-83b9c6ff-414a-4258-9800-3bac557c862a {\n\t\t\theight: 30px;\n\t\t}\n\t}\t\n\t\t.wp-block-tk-spacer.id-3bf9d53e-71e6-450f-a12c-25feb1f6b2b5 {\n\t\theight: 60px;\n\t}\n\n\t@media ( max-width: 480px ) {\n\t\t.wp-block-tk-spacer.id-3bf9d53e-71e6-450f-a12c-25feb1f6b2b5 {\n\t\t\theight: 30px;\n\t\t}\n\t}\t<\/style>","protected":false},"excerpt":{"rendered":"<p>Learn strategies to rent out your U.S. property &#8211; short or long term<\/p>\n","protected":false},"author":10,"featured_media":52402,"parent":57291,"menu_order":0,"template":"","meta":{"_acf_changed":false,"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"tags":[528,57,60],"rbc_content_type":[31],"rbc_audience":[],"rbc_lob_group":[122],"rbc_difficulty_level":[70],"rbc_mmm_category":[344,303,347,343,311],"class_list":["post-57439","rbc_my_money_matter","type-rbc_my_money_matter","status-publish","has-post-thumbnail","hentry","tag-cross-border","tag-home-ownership","tag-real-estate","rbc_content_type-article","rbc_lob_group-cross-border","rbc_difficulty_level-intermediate","rbc_mmm_category-buying-or-refinancing-a-us-property","rbc_mmm_category-goals-aspirations","rbc_mmm_category-living-in-the-us","rbc_mmm_category-planning-for-a-big-trip","rbc_mmm_category-travel-and-cross-border"],"acf":{"contently_publication_id":"199919","custom_author":"Diane Amato","rbc_video_header":"","rbc_media_duration":"","rbc_video_keywords":"","rbc_video_description":"","rbc_video_upload_date":"","rbc_toc_for_mmm_tag":"h2","rbc_toc_for_mmm_limit":6,"rbc_toc_for_mmm":null,"rbc_toc_for_mmm_action":"Generate Table Of Contents"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<meta name=\"description\" content=\"Renting your place out while you&#039;re not there can really help balance the expenses of having a second home.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rbcroyalbank.com\/en-ca\/my-money-matters\/goals-aspirations\/travel-and-cross-border\/buying-or-refinancing-a-us-property\/renting-out-your-u-s-home-short-term-versus-long-term\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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