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We recommend speaking with a tax professional to understand all the tax implications that will arise after the sale. Also, before listing on the stock exchange, talk to a Qualified Intermediary to understand the process.

A vacation rental owner will likely have spent significant money on furniture, fixtures, as well as soft goods. Even if you have a large property, those expenses can add up. However, investors and vacation renters are keen to purchase a turnkey property.

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Vrbo Houses For Sale
Vrbo Real Estate Sales

Vrbo Real Estate Sales

Be nice. Share your contacts and contracts for services such as cleaning or handymen. Many buyers will appreciate the ability to share your contacts and tap into existing relationships with other buyers.

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It is tempting to get too confident and price your home high in hopes of someone buying it. This will give you an extra profit. Research has shown that overpriced houses take longer for sellers and are more costly to maintain during the transition period.

Air B And B For Sale
Vrbo Rentals For Sale

Vrbo Rentals For Sale

You should also take note of any other details that could need attention. Are there any cracks in the walls? Are there areas in the walls that need patching? Are there any damaged baseboards from luggage? Are the doors or windows in good order?

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Alternativly, you might consider including any pricing spreadsheets, or other information, that you have created to manage your vacation rental business. You might have created a neighborhood guide, with many great tips and details. Are you able to give a checklist for cleaners or housekeepers that they can follow as they clean up after each turn?

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How To Find Airbnb Property

In a similar fashion to the one described, you might consider adding a professional property manager to help manage your bookings.

How To Find Airbnb Property