Short Term Rental (STR)

Short Term Rental (STR)

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Avoiding capital gains taxes can be one of the best ways to maximize the return on your investment when selling a vacation home.

As we discussed in Part 2 of this series, there are steps you can take to reduce your tax liability, such as claiming your vacation home as your primary residence. But swapping an investment property for another can also help investors with vacation homes for sale in Kissimmee, Florida avoid taxes on their capital gains.

Work with a Qualified Real Estate Professional

Replacing your vacation home with another property isn’t as straightforward as it might sound. There are rules and regulations you need to follow. For example, you won’t be able to carry out the transaction with any broker or other professional who you have

Capital gains tax is a factor that home investors in Central Florida need to consider when selling their Disney vacation homes. In part one of this series, we shared some of the ways you can reduce your capital gains tax liabilities such as by selling other assets, reduce your taxable income, and deduct common ownership expenses.

Making your short-term rental home your primary residence is another way to avoid most, if not all, capital gains taxes and get the most out of your holiday home investment.

Residency Requirements for Your Orlando Vacation Home

If you’ve been using your vacation home as a short-term rental property, you can start spending more time there as a way to make it your primary residence. Each state has its own residency

Selling a vacation home can mean more money in your pocket. But as a home investor, you have to consider tax liabilities that can eat away at your profits.

In the United States, capital gains taxes may be applied when homeowners sell their Kissimmee vacation rentals. You can avoid the capital gains tax on your short-term rental home when you know what steps to take to minimize your tax liability.

Deduct Your Homeowner Expenses

When you own a vacation home, there are expenses you can deduct to reduce your capital gains tax. These include the interest on your mortgage as well as insurance and maintenance expenses. As a vacation home owner, it’s important to keep records of your expenses. You may need to show receipts or other records, such as an

There are plenty of mistakes that today’s homeowners need to avoid when placing their Orlando vacation homes for sale on the market. If you want to sell your vacation home quickly while getting the highest return on your investment, the following are the top five mistakes to avoid.

Mistake #1: Getting Your Vacation Home’s Selling Price All Wrong

How you price your vacation home can influence how quickly it sells, and it can determine the profitability of the selling process. You’ll need to strike a balance between a price so high it deters buyers from considering your home and a price so low that you miss out on the return you can generate.

Having the expertise of a professional realtor can help you set the best price given the conditions of the

Orlando’s theme parks are gearing up for holiday travelers this summer who make up the bulk of their business. This is good news for homeowners looking for travel guests to return to their Orlando vacation homes after a drop in the market resulting from the COVID-19 pandemic.

An approved proposal to reopen short-term rental homes is allowing homeowners to welcome back their guests. This is significant for the state’s economy because the vacation-rental industry generates an estimated $27 billion annually, according to a report by the University of Central Florida’s Rosen College of Hospitality Management.

Reopening Popular Theme Parks in Orlando

Universal Orlando’s water parks and theme parks will welcome guests starting on June 5. Universal

Choosing the right real estate agent helps you get the highest return while avoiding costly mistakes when selling your vacation home. But too many home investors look for realtors who offer low commission rates while making unrealistic promises when selling their vacation pool homes near Disney World.

An experienced real estate professional who understands the market, is a good negotiator and a good communicator is far more important than one who simply offers a low commission rate.

Related: When is the Best Time to Sell a Vacation Home?

A Real Estate Agent Who Can Help You Sell at the Right Price

Your real estate agent can help you review the sale prices of similar homes in your area to determine a fair market price. Competent real estate

Selling your vacation rental home quickly can eliminate the hassles that homeowners try to avoid during the selling process. It can help you get the highest return by keeping you from having to reduce its selling price to attract buyers when your house doesn’t sell right away.

The following are effective ways homeowners can implement to sell their vacation rentals near Universal Orlando quickly, while making the process easier and more profitable.

Start with Your Home’s First Impression

Today’s buyers have plenty of resources for searching for homes in the Orlando area. Getting their attention is the first hurdle you have to overcome if you want to sell your vacation rental quickly.

Taking the time to maintain and update your home’s exterior

When it comes to selling a vacation home, homeowners can struggle with deciding if they should sell and for how much. But knowing when you should sell is just as important, and it can influence the price that buyers are willing to pay.

Owners looking to sell their Kissimmee vacation homes need to understand the local real estate market as well as the benefits of selling before or after peak travel seasons. Knowing the best time to sell your vacation home helps you make the right decision so you can meet your personal and financial goals.

Timing is Everything in the Real Estate Market

Knowing your market is the first step to figuring out when you should sell your vacation home. Economic conditions can directly impact the outcome of the selling

Protecting your vacation rental home and its guests is an essential part of getting the most out of your real estate investment. But sometimes you need to protect your home from guests who fail to abide by your house rules.

Holiday homes near Disney are becoming a popular choice for travelers who want to visit the area’s popular attractions. Limiting unwanted visitors can keep guests from taking advantage of you and your home.

Establish a Policy for Guests

Some guests bring additional people with them during their stay without informing the host because they don’t want to pay for an extra guest, or they are trying to get around a maximum occupancy rate of guests that the host has established. The first step to limiting extra visitors is to make

If you’re planning to sell your Orlando vacation home, you may be wondering what to do with all your furniture. You could sell the individual pieces, move them to your primary residence, or donate them to a local charity. But a growing number of homeowners are including their furniture as part of the home’s sale.

Many people choose to invest in Disney vacation homes that put them and their rental guests near the Magic Kingdom and other popular local attractions. The option of buying a home that’s already furnished can be especially appealing to buyers, especially if they plan to generate income by using the property as a short-term rental home.

A Furnished Home Can be Easier to Sell

Potential buyers want to envision what their new home will look