Do you impose a monthly cleaning fee and send someone in to clean?

Jay Kaufman, Chair of the Joint Committee on Revenue, and then Rachel Lake, Operations and Constituent Services Director for Senator Julian Cyr, who represents the Cape and Islands.As we mentioned in previous communications on the topic of the Lodging Tax, the momentum is growing among Cape and Islands Chambers of Commerce and state legislators across the state to impose the 11.7% Lodging Tax to all short-term rentals, with 5.7% going to the state and up to 6% to the towns.Our opinion piece that was published in the Cape Cod Times on April 5, outlines our reasons for opposing this tax.Despite our concerted efforts for nearly ten years, it is becoming increasingly clear that legislators are intent on imposing this tax and will likely succeed.Homeowners can certainly continue to lobby against this tax, but a more realistic approach at this point might be to attempt to mitigate the negative effects it would have on the Cape and Islands.

If you don’t want to say I completely understand  As much as I love to share numbers, it's an unnecessary risk to share exact percentages on such a public forum.

Schools would be much more efficient if they weren't clogged with poor kids.Government sponsored medical research...unnecessary!

Congrats.My concern is that the property is currently 75% occupied. what sorts of implications might this impose, is this something you can work around?

Calling around to get a quote is one thing, making people do unnecessary work and lying to all of them is a completely different thing.

If your rental property is your main asset, it might not be worth the added expense that is imposed, particular in California.The main pro, of course, is that you are afforded certain legal protections and (potentially) favorable tax treatment with an LLC.

I have done this many times (too often in fact)  telling the lender that they may become liable in taking unnecessary actions that amount to punitive dealing destroying a borrower's credit, ability to borrow, loss of equities and displacing them when there is means to indemnify the lender from any financial loss.

You could have to spook the agent for them to ask for a copy of you DL with unnecessary questions.Joe Gore

It's seems unnecessary to get a loan on my existing property just for the sakes of having less net at closing and only reinvesting that portion.