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31 December 2020 | 9 replies
If your vacation home happens to be located near a major event — like a PGA golf tournament or a big multi-day concert — you may be able to rent the place out for a short period even at high rates and pay zero federal income tax.Tax-smart year-end strategy: The more rental days between now and year-end, the better — as long as they don’t exceed 14 days for the year.Rented more than 14 days with substantial personal useYour vacation home falls into this category if you rent it for more than 14 days during the year and your personal use exceeds the greater of:(1) 14 days or (2) 10% of the rental days.
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2 February 2015 | 59 replies
Then my wife and I rode our bikes to the Phoenix Open golf tournament.
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28 September 2016 | 5 replies
I also am aware of local events like Clemson Graduation, football games, fishing tournaments etc that drive demand and price for our Lake house.
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4 January 2019 | 74 replies
Maybe BP should do a March Madness style tournament for each forum category.
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6 June 2017 | 10 replies
Newish washer / dryer, both high end3-season porchBig deck, nice back yard, fire pitQuiet cul-de-sac with a park at the end (very rare for the city it's in)Public transportation on the corner to just about anywhere in the metro with transfers2 - 3 minutes from multiple major highways / freewaysWalking distance (or close to it)to major mall (Southdale) and premium shopping (Galleria in Edina, MN)Potential marketing points / targets:The home is < 2 miles from the Best Buy HQ, and public transport goes straight thereAbout 10 minutes from MSP airportAbout 10 - 20 minutes from downtown Minneapolis, Mall of America, and most major concert or event venues in the city, and just a few minutes more from all of the same in Saint PaulEasy access to the west suburbs, which means access to things like Hazeltine GC (regular host to major golf tournaments, like the Ryder Cup this past year)Minnesota / Twin Cities are home to 17 Fortune 500 companies (http://www.twincities.com/2017/02/06/minnesota-has...)I totally expect making this a vacation rental to mean it will take more of my time, and not necessarily a trivial amount.
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3 December 2013 | 6 replies
Golf tournaments also could bring in some good revenue as well.
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5 December 2022 | 24 replies
I was in a hurry to get to my son's Volleyball tournament and wanted to get the post in before the weekend to hopefully get some feedback (which I did!)
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31 July 2020 | 7 replies
There is great traction in the PS area year round and high demand during the festivals and tennis tournaments.
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7 March 2015 | 3 replies
(golf tournaments, classic car show, a charity, or other Spring time events) I've watched Million Dollar Listing before trying to get ideas, and have seen them do wine and cheese parties, other tie ins with businesses in the neighborhood, etc..
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11 July 2012 | 9 replies
The good news is that I've won a lot of money in my poker "career" (mostly in higher-stakes cash games, not tournaments).