Category Archive: Vacation Rental Owner Financial Matters

Pricing, taxes, security deposits, etc.

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?

Feb 04 2016

Using PayPal to Receive Vacationer Payments

Until recently, I have been a strong advocate of requiring that vacationers send rental funds by check rather than by credit card. I was concerned about having to pay extra fees and daunted by having to learn how the PayPal process works. Plus, I had never, in 30 years of renting, lost a booking …

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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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