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You might also consider having a property manager who is reputable to co-host the bookings.
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Capital gains taxes are not available if you don't plan to reinvest, buy another property, or want to keep your gains. It is required to be paid by law. The IRS will knock on your door and you will face all legal consequences.
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Capital gains tax refers to the tax you have to pay on the profits from the sale. Any depreciation that you claim against the property will make this tax higher.
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Like any other real estate transaction, you can make minor improvements and improvements to your vacation home to make it look amazing. Is that a renovation of a bathroom? It doesn't have to be, but you want it in great shape.
