Category Archive: Vacation Rental Owner Financial Matters

Pricing, taxes, security deposits, etc.

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?

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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