- vacation rental property

What are the Tax Rules for Florida Vacation Homes?

Posted by Team Donovan on April 1st, 2020

Owning a vacation home can be an investment that creates a new source of income for you and your family. But there are tax rules that home investors need to consider when owning vacation homes in Kissimmee, FL. 

Understanding tax rules helps you comply with state laws and avoid costly legal issues down the line. Knowing when and how to pay your taxes can help you get the most out of your home investment. 

Owning a Florida Vacation Home

Popular short-term rental platforms like Airbnb and VRBO make it easy for homeowners to reach more people looking for properties that have the features and amenities they want. 

But like all other forms of income, there are tax liabilities to consider when earning income from a vacation rental property. In the…

How to Keep Your Orlando Vacation Rental Safe and Secure

Posted by Team Donovan on December 27th, 2018

The most successful home investors know how to keep their Orlando holiday homes safe and secure all year round. Protecting your home at all times prevents the issues that lead to costly damages and other losses.

Keep Unwanted Visitors Out While You’re Away

Your holiday home should look occupied when it’s vacant. Maintaining its exterior, picking up incoming mail, and turning on lights keep would-be intruders away.

If you live too far away to manage your vacation rental property, ask a family member or neighbor to look after your home for you. Or consider hiring a professional property manager; they can help you secure rental guests too.

Store your valuable personal items in the home or a nearby storage facility. Many homeowners use safes in…