Category Archive: Vacation Rental Owner Financial Matters

Pricing, taxes, security deposits, etc.

Jan 12 2017

Great News for Cape and Islands Vacation Rental Homeowners!

It has just been announced that Governor Charlie Baker’s budget proposal for fiscal 2018 will include a 5.7 % room occupancy tax for any individual or business that provides short-term rental accommodations – but only for those who rent for 150 days or more per year. This would essentially exempt most seasonal Cape and Islands …

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Nov 01 2016

Don’t Get Scammed!

You’ve all heard plenty of stories about Internet scams. It’s more important than ever to be vigilant to protect not only yourself but unsuspecting vacationers, too. There are a number of ways someone could use your online listing for a money-making scam or simply to use your home inappropriately or disrespectfully. What can you do …

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Jul 25 2016

A Hopeful Sign Regarding the Lodging Tax

We have just learned that Governor Charlie Baker has reversed his opinion regarding the lodging tax on short-term rentals! During a radio interview last week, he had indicated that he would sign the hotel lodging tax to apply to all short-term rentals. Today, however, he expressed concern about the negative impact of this lodging tax …

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Jul 22 2016

Is the Lodging Tax Coming Soon to the Cape and Islands?

Vacation rental owners on the Cape and Islands may soon be faced with charging their guests a nearly 12% lodging tax if the MA legislature approves the bill before the end of the current legislative session on July 31.

Why the renewed interest now?
Some state legislators and town boards have tried to have …

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Feb 25 2016

Why homeowners are outraged about vacationer booking fees

Rarely in our 18-year history have we witnessed such a hue and a cry from vacation rental homeowners as we have the past few weeks! Perhaps ironically, their outrage stems from HomeAway/VRBO’s recent decision to join other “big box” vacation rental sites in requiring vacationers to pay a booking fee.

Why are homeowners so upset?

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