![]() Taking the time to write and analyze a vacation rental business plan helps you make a smart decision. You should include all of these factors in your vacation rental business plan. You should also look closely at how much time you have to give to the business. ![]() Before investing in a vacation rental business, look closely at how the both owning and managing properties will affect your taxes. Vacation rentals have several expenses, including maintenance, taxes, marketing, utilities, and cleaning costs. With a vacation rental business plan, you can see the pros and cons of starting what could be a profitable opportunity. As with any business idea, developing a business plan is a valuable first step to building a successful business. Choosing to invest or manage vacation & short term rental properties is a business that can be rewarding and profitable.
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