Tagged : ORLANDO VACATION HOME

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Home buyers often try to get the most while spending the least when making offers on Disney villas for sale in Orlando and the surrounding areas. Lowball offers are one of the biggest hurdles home owners face when attempting to sell their properties. Knowing how to counter a lowball offer will help you get the most out of the sale of your vacation home.

Why are Buyers Making Lowball Offers on Your Vacation Home?

Realtors consider lowball offers to be any price that’s 20 to 25 percent lower than your listed selling price. Although, what constitutes lowball depends largely on the price of your home. For instance, a home owner would be more likely to dismiss an offer of $80,000 on a $100,000 home than a $1.6 million offer to buy a $2 million home.

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

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

Buying an Orlando vacation home lets you take advantage of the area’s thriving short-term rental market. Vacation homes in Orlando FL are proving to be great investments for buyers looking to create new sources of income.

Knowing how to buy and profit from an Orlando vacation home can help you secure a property that attracts holiday renters all year round. Working with a real estate agent with vacation home experience makes it easier for you to find the home that helps you achieve your investment goals.

Where to Buy an Orlando Vacation Home

Your home’s location plays a big role in its short-term vacation rental success. So you want to choose a location that draws a large number of visitors throughout the year. Orlando vacation homes put residents

Cleanliness could be the most important feature renters look for in vacation homes. A dirty or unkempt home leads to negative reviews on rental sites and less frequent bookings.

Avoiding complaints related to the cleanliness of your home is critical to your success in the short-term rental market.

The vacation homes for sale in Florida are a popular choice for today’s home investors and travelers. So you owe it to your guests to provide a clean and comfortable home.

Who’s Cleaning Your Orlando Vacation Home?

Cleaning your own home is an easy way to cut costs, but you could fail to meet the expectations of today’s travelers if you don’t know what you’re doing. And it only makes sense to do it yourself if you live locally.

Frequent bookings

Many people buy a vacation home near Disney World so they can generate income by renting it out to holiday visitors. Buying a second home is a big investment, so it’s important to put security measures in place to protect your property. This is especially vital for home owners who live outside of the area – whether you’re a snowbird, or a resident of another country, like the U.K. or Canada. Here are several vacation rental security tips to help keep your home and its contents safe. 

Lock up your valuables

Most of the time, you’ll have no issue with a short-term rental. But theft is still a top concern for homeowners. It’s wise for you to place any valuables like jewelry, artwork, family photos, important documents like passports or financial

Keeping your Orlando vacation rental clean is essential to keep your property looking its best for holiday guests. House cleaning is a big chore, so it’s a wise investment to hire someone else to do the work for you – especially if you don’t live in the area. 

Hiring cleaning help for a short-term rental property is NOT the same as hiring someone to clean your own home. The biggest difference is that cleaning a vacation properly requires a keen attention to detail. The cleaner should notice whether anything has been damaged by a guest, or if anything is missing. It’s also helpful for them to ensure that everything is stocked up for the next renter. 

Here are a few tips to keep in mind when looking for a cleaning service that will set you up for

Orlando is a popular tourist destination, which is why buying a second home to use as a vacation rental can be a lucrative investment. Many people advertise their homes in websites like FlipKey, HomeAway and VRBO. That makes it important for you to create a compelling description so your short-term rental property stands out from the competition. 

Here are a few top tips to follow so you have the best chance of renting your home consistently. 

Put your guest first 

When you sit down to write the description, put yourself in your guest’s shoes. What would they want to know most about your property?  Your goal is to provide key information about your home and give the reader a sense of what it’s like to live there. Focus on the features that would

Orlando is blessed with a temperate year-round climate that includes warm, sunny weather. However, much like the rest of the world, we can’t hide from Mother Nature. We do have an established hurricane season from June 1 to November 30th. 

Because Orlando is located right in the heart of Florida, storms are not as common, nor as severe as those that hit coastal cities. And since the hurricane forecasting ability has improved greatly due to advances in technology, we can be proactive instead of reactive if a storm is predicted.

If you own a second home in Orlando, it’s wise to seek a property management firm that takes preventative measures before a storm hits, and necessary actions after the storm to help protect your home.

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