How will you manage your Florida property?

This is an important question to ask yourself when considering purchasing vacation rental property. You basically have three options, you can hire a professional, self manage, or a combination of both.

Professional Management

Most vacation homeowners elect to have a professional management company oversee their property to comply with government regulations, tax obligations, maintenance needs, and generate visitor bookings. It is ultimately the homeowners responsibility to comply with rental activity and tax liability, so choose your management company wisely.

Self Management

Self management places the homeowner in control of booking their own rentals, handling maintenance issues, paying association dues and taxes, etc. Self-managers can often become overwhelmed by the task and data shows this is the case.

Combination

A combination of the two might be ideal for some. You should identify a reputable and competitive company in witch to discuss your options in this case.

A detailed guide provided by Polk County Florida tax collectors office can be viewed by clicking the link below.

Use a Professional Who Specializes in Vacation Rental Management Only

Our brokerage does not offer property management or vacation rentals. I recommend you use a company that specializes in property management and vacation rentals only. As a courtesy I have included a link to a local company that does provide these specific services.

Please note I am not affiliated with the following management and vacation rental companies in any way and am not responsible for the content of their Website or their actions.