Passive income is great—until legal headaches and surprise tax bills show up. That’s why setting up your storage rental business the right way from day one is non-negotiable.
In this module, you’ll get a clear, jargon-free breakdown of the legal, insurance, and tax essentials every storage space host needs to know. We’ll show you how to stay compliant, protect yourself from liability, and keep more of your hard-earned money in your pocket.
What You’ll Learn in This Module:
✅ The key legal requirements for renting out personal property
✅ Whether you need insurance (and what kind) to protect your assets
✅ How to report your rental income and what deductions you can claim
✅ Tips to avoid liability and keep your business protected
✅ How to structure your rental for long-term, low-risk profits
By the end of this module, you’ll feel confident navigating the business side of storage rentals—no legal degree required.