Category Archive: Vacation Rental Owner Financial Matters

Pricing, taxes, security deposits, etc.

Jul 05 2017

Recap of 6/30/17 meeting with Senator Cyr regarding the lodging tax bill

Last Friday, about 35 homeowners attended a 1 ½ hour meeting that we hosted at Brewster Town Hall with Senator Julian Cyr and his District Director, Leslie Sandberg.  There were more questions than answers during the meeting, but we had an opportunity to present our concerns to the Senator as well as our suggestions for …

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Jun 02 2017

Lodging Tax Imminent – Voice Your Opinion!

Beacon Hill lawmakers seem poised to bring the lodging tax to fruition, although the details have yet to be decided upon.  For years, and particularly this past year, we have been voicing our opinion about the negative consequences of this tax through the media and meetings with legislators at the State House.  At our encouragement, …

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Apr 07 2017

Opposed to the Lodging Tax? Join us in our fight against it!

Co-owner of WeNeedaVacation.com, Jeff Talmadge, two members of our staff, and I spent this past Thursday at the State House in Boston for the second time in a month advocating on behalf of our homeowners against the proposed Lodging Tax. We met first with Rep. Jay Kaufman, Chair of the Joint Committee on Revenue, and …

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Feb 06 2017

Should you charge a cleaning fee?

Homeowners new to renting frequently ask whether to include cleaning in the rental cost. There are a number of factors to take into consideration when making this decision

There really isn’t a right or wrong answer – but it’s worth looking at the issue from different perspectives so that you can make the right decision for …

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Feb 02 2017

PayPal and other Electronic Payments

Although checks are still the preferred method of payment for most rental homeowners, PayPal can be a quick and easy alternative, especially for last-minute or international bookings. PayPal allows you to accept either bank transfer or credit card payments.

Elizabeth Weedon and I sat down to record a podcast about accepting electronic payments, and we discussed …

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