Category Archive: Vacation Rental Owner Financial Matters

Pricing, taxes, security deposits, etc.

Nov 19 2015

Homeowner Voices Her Concern Regarding the Lodging Tax

As discussed in a previous update regarding the proposed legislation to impose a lodging tax on private rental homes, we are encouraging rental homeowners to write to their state rep. and voice their opinions about this tax.  One of our homeowners is sending this letter to her state rep.:

The lodging tax on private home …

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Nov 17 2015

Time to take action on proposed lodging tax legislation

To voice your opinion on this proposed tax, you can email or write to your state representative.  If you are a MA resident, contact the rep. in the town where you vote. If you live out of state, contact the rep. in the town where your rental home is located.  Read a letter …

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Oct 06 2015

Pricing Your Home

When pricing your vacation rental home, it’s very important to get it right. Naturally, those of you who have been renting for a few years have a pretty good idea what your weekly rate should be, but it’s still a good idea to re-evaluate each year to be sure you are not asking too …

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May 13 2015

Handling Payments from our Northern Neighbors

Homeowners report to us that they get more interest from Canadian vacationers than from any other foreign country.  In a previous blog post, we detailed the preferred methods of payment for international guests, including PayPal and bank transfers.  But here’s some advice specifically geared to Canadian tenants.

If you decide to have your …

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Apr 16 2015

Does your town require a vacation home registration fee?

As you probably know, some towns on the Cape and Islands have been interested in expanding the state lodging tax to private rental homes.  That has not yet been approved by the state legislature, but did you know that many towns on the Cape require vacation rental owners to register their homes and pay …

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