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Updated over 8 years ago on . Most recent reply

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16
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2
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Shane Kelley
  • Electrician
  • St Petersburg, FL
2
Votes |
16
Posts

Vacation Rentals

Shane Kelley
  • Electrician
  • St Petersburg, FL
Posted

I'm weighing my options for buy and hold strategies and was hoping people with experience could chime in.  I'm interested in learning more about Vacation rentals, what sites work the best, horror stories, success stories, etc.  Living in Florida on the gulf coast presents a lot of opportunity, and on the surface it seems like it could have less headaches than long term rentals.

Most Popular Reply

User Stats

136
Posts
83
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Ben Stout
  • Real Estate Investor
  • Pensacola, FL
83
Votes |
136
Posts
Ben Stout
  • Real Estate Investor
  • Pensacola, FL
Replied

Keep in mind that rentals less than 6 months in duration require sales tax to be paid. Even if you don't charge it, you're still on the hook for it and this is a common mistake. 

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