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All Forum Posts by: Lisa Graesser

Lisa Graesser has started 3 posts and replied 292 times.

Post: Unauthorized pet in STR

Lisa GraesserPosted
  • Rental Property Investor
  • The Villages, FL
  • Posts 300
  • Votes 327

First off, I do allow dogs(max 2) and I do charge a non-refundable pet fee. In 5 years I have never had any damages as a result. Allowing pets, especially in an area like where you are, where guests often drive to the destination, is a big draw. 

You should make them aware that you know about the dog and send the guest a message, that states that you do not allow dogs, which was stated when they made the reservation and agreed to, and that you will be deducting the cost from the security deposit as stated in the agreement for omission of the house rules. 

I don't know what you security deposit is, but you may let them think they are getting away with a warning by charging them an amount less then the total security deposit, which may result in a favorable review, but definitely charge them something.

Post: Best STR Book You’ve Read?

Lisa GraesserPosted
  • Rental Property Investor
  • The Villages, FL
  • Posts 300
  • Votes 327

Read this before you buy a property, so you are prepared. Especially the info on start up costs and deductions. "Tax guide for short term rentals" by NOLO

Post: Vacation Rental or Retirement Home

Lisa GraesserPosted
  • Rental Property Investor
  • The Villages, FL
  • Posts 300
  • Votes 327

@Nancy Bachety my rentals are in The Villages, there are no regulations against STR's, The Villages corp. promotes their own STR's to give people "The Villages experience". I don't foresee there being a change in that any time soon. I generally have 3-4 month stays Jan-April and then will accept rentals 3 days-1 month the rest of the year.

Post: Alternatives to AirBnB and VRBO for 30 day month to month rental

Lisa GraesserPosted
  • Rental Property Investor
  • The Villages, FL
  • Posts 300
  • Votes 327

Zillow...I get the majority of my inquires from there. They only give you one listing for free now, with addition listings being 9.99/week. I just list one now and use it as a feeder for my other listings. I also list on Houfy.com which is a new, growing #bookdirect site.

Post: Vacation Rental or Retirement Home

Lisa GraesserPosted
  • Rental Property Investor
  • The Villages, FL
  • Posts 300
  • Votes 327

Love your heading!! My pick is a vacation rental. I recently read NY'ers retire to Florida more than any other state(not any new news but..) cost of living, no state income tax, easy commute to large Hubs and cheaper flight costs. My rentals are in Central Florida about and 1 1/2 hr from either coast, but is a big draw for retirees and growing quickly. 1 hour from Disney and all the Orlando attractions. Enough to command year round interest. My area will not get you the return you will get from being on the coast, but I also do not have the worry of hurricaine damage or elevated insurance costs.  I look forward to someday making The Villages. FL my Retirement Home!

Post: Catagorizing Online booking site in accounting

Lisa GraesserPosted
  • Rental Property Investor
  • The Villages, FL
  • Posts 300
  • Votes 327

I pay per booking and catagorized it as commisions

Post: More Complex Tax Deductions for Airbnb Income

Lisa GraesserPosted
  • Rental Property Investor
  • The Villages, FL
  • Posts 300
  • Votes 327

@Collin H.   Hahaha...1st I've seen this. Well he definitely knows our song!

Post: More Complex Tax Deductions for Airbnb Income

Lisa GraesserPosted
  • Rental Property Investor
  • The Villages, FL
  • Posts 300
  • Votes 327

I also use Turbo Tax Premier for Investments & Rental Property, it gets easier every year to input the information based on numbers transferring from one year to the next.

Post: More Complex Tax Deductions for Airbnb Income

Lisa GraesserPosted
  • Rental Property Investor
  • The Villages, FL
  • Posts 300
  • Votes 327

Read the book "Tax guide for short term rentals" by Nolo, it will give a wealth of information

Post: STR in Gated Community- How do you handle initial guest entry

Lisa GraesserPosted
  • Rental Property Investor
  • The Villages, FL
  • Posts 300
  • Votes 327

Have you made sure you are permitted to do STR? Is entry by a code to get through the gate or a gate card to open the gate? You can always put in a manual or remote keypad on the door for guests to let themselves in.