You may be uncomfortable giving up all your work for your Airbnb property, particularly if you have achieved Superhost status. If this is the case, consider selling the property and remaining the property's owner. You can keep all of your Airbnb information including reviews and status. You will only need to change your bank account information.
You must ensure that the property is suitable for the guest you are renting. You need to think about location, price, amenities, and cost. It is a good idea to select a property that generates sufficient revenue to cover your expenses.
Capital gains tax does not apply to people who do not intend to reinvest in or purchase another property but want to preserve their gains. It is required that you pay it. If you fail to pay it, you will face any legal consequences.
Fully furnished luxury homes are the latest trend. Many luxury homes are already furnished and available for sale at the asking price. If you're not in the luxury market, and want premium furnishings, the house may not sell.
Alternativly you might also consider adding any pricing spreadsheets or other information that you created for managing your vacation rental business. Perhaps you have a neighborhood guide with great tips and details. You might be able to provide a checklist for housekeepers and cleaners so they know what to do when they clean up.
Another option is to hire an Airbnb agent. A specialist real estate agent will know the intricacies, challenges, and how to sell Airbnb property. A real estate agent can instill trust in hesitant buyers and make them more likely to believe what the professional has to say than the owners.
