A Review of The Complete Vacation Renter and Tax Planner by Marie R. Ferguson

On the surface, it would seem like renting out vacation property is an easy proposition. To a great extent, it is. But, the process is not without effort or organization. Many landlords that cut corners renting out their property learned the hard way that a number of problems can derive by not having all the proverbial “I’s dotted and T’s crossed.” This is especially true when it comes time to file income tax on the rental income that has been earned. So, what is a novice landlord to do when it comes to taking care of all the necessary business associated with income planning and tax issues associated with rental properties? The first step should always revolve around using a valuable resource that can help you perform your needed tasks. This is where reading the outstanding book “The Complete Vacation Renter and Tax Planner” by Marie R. Ferguson comes into play. For those involving themselves in the world of vacation renting, this is a tome that is a must purchase.

As the name implies, this book is an effective resource to ensure that your renting ventures are properly and effectively organized. The book allows you to easily log all the necessary phone numbers and contact information for professionals you will need to access when renting. This includes housekeep personnel, repair specialists, and various contractors. Scurrying and routing for various numbers from several different sources can prove to be quite problematic. This is doubly true when you are potentially pressed for time. Thanks to Ferguson’s planner, it becomes possible to effectively organize things in such a way that oversights will be much less likely. This, in turn, increases the odds that your vacation rental business venture operates smoothly and in a potentially more profitable manner.

There are also a variety of tax forms enclosed and this is an additional great benefit. When you do not have access to all the tax forms you need, you can make a number of errors. For example, you may miss out on taking certain deductions and this will end up costing you far more money than it otherwise should. Who would want to be in a position such as that? Take advantage of the tax organization help Marie R. Ferguson is providing by purchasing her extremely helpful publication.

This little book is easy to carry which means you can place in your briefcase and bring it with you wherever you go. The fact they you will not be tied down lugging some heavy pile of papers with you whenever you need to conduct business related to your planning further increases the odds your organization will be enhanced.

And the price of this particular book is extremely reasonable. New copies run around $26.00 and used copies can be purchased at a discount. So, you could consider this excellent tome to be an affordable item that enhances you ability to maintain effective planning and organization of your vacation rental ventures. That alone increases the odds of success dramatically

Posted by Zenwriting on Feb 13th, 2010 and filed under Books. You can follow any responses to this entry through the RSS 2.0. You can leave a response by filling following comment form or trackback to this entry from your site

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