Skip to content
Short-Term & Vacation Rental Discussions

User Stats

923
Posts
404
Votes
Corina Eufinger
  • Rental Property Investor
  • Oconomowoc, WI
404
Votes |
923
Posts

Questions About Being A PM For Vacation Rentals

Corina Eufinger
  • Rental Property Investor
  • Oconomowoc, WI
Posted Jun 6 2019, 11:55

I'm hoping some active PMs who manage vacation rentals for investors can shed some light on this.  

I have the opportunity to manage vacation rentals as part of my PM company in Wisconsin.  The part I can't quite seem to figure out is how the sales and room taxes work.  Does my company set up a sales tax account with the Department of Revenue and collect and hold the taxes due quarterly? Do we hold it for the owner and then pay it towards a sales tax account they have set up with the DOR?

Any software recommendations for vacation rentals?

Any pieces of advice in general about doing this?  I've done a lot of research on amenities, advertising, concierge services, etc but I know that doesn't mean I know it all. LOL!

Loading replies...