Vacation Rentals News – September, 2007

• Vacation Rental Controversy in Cape Cod Monday, September 24, 2007
  In Massachusetts the summer vacation rentals is a tradition and offer worry free relaxation as there have never been taxes imposed upon vacation renters who stay in cottages, holiday homes, or condos. There has recently been a proposal introduced by Cape Cod lawmakers to impose taxes on these vacationers, causing waves throughout the town. The legislation that has been passed states that on rentals of 90 days or less, it is the prerogative of the owner to charge a taxation fee on private rentals. Vacation homes and hotel owners, bed and breakfast owners and other small companies have agreed that this will be fair with the large market of people coming to stay over peak seasons...
  
  
• Apartment Rentals in Manhattan Real Estate Report Friday, September 14, 2007
  Rentals in Manhattan in large demand in August. The end of summer means that many families look for new rental homes or require apartments...Some of the two-bedroom rentals, doorman apartments, and the one bedroom non-doorman apartments have seen a reduction in price despite the other major increases...
  
  
• Things to know when offer your home for rent by owner Monday, September 03, 2007
  The New York Times recently published an article about the summer rentals. When you decide to earn some money over the summer by renting your house as a “vacation rental by owner” you are bound to face problems from time to time. The tenants that take up the place are there for enjoying and they know that they don’t have to stay for long, thus one could only wish for an ideal tenant in your vacation home.
  
  

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