I have one summer vacation spot for week rentals..but looking into living spaces...any tips tricks or advice is welcome
2006-09-28 17:25:16 · 3 answers · asked by Andrew C 2 in Business & Finance ➔ Renting & Real Estate
Vacation rentals are tough only because of the rapid turnover in renters during the season.
You get tax breaks (depreciation, expenses, etc). so that on paper you can show a loss, but you might clear a little money each month.
You'll make your profit when you sell; provided you purchased at a proper price and not when prices were their highest.
2006-09-30 03:40:21 · answer #1 · answered by Paula M 5 · 0⤊ 0⤋
Lots of hassles. Most of the money you make will be when you sell off.
2006-09-28 17:37:05 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 1⤋
not hard but a lot of hassles
2006-09-28 17:27:08 · answer #3 · answered by ? 7 · 0⤊ 0⤋