All Forum Posts by: Aaron T.

Does anyone have experience with short term rentals in San Juan, Puerto Rico? I’m trying to understand what permits are needed and the cost but can’t find information on the internet. Does anyone know the cost/process for the Merchants Registration Certificate?

Thanks

Hi Everyone,

I tried to do some searches on Google but came up short. Can anyone recommend property management services for Airbnb on the western side of Puerto Rico? Particularly around San Sebastian.

Thank you!

Hi All, Is anyone able to shed some light on property taxes for a second home / vacation rental in puerto rico? I have read online it can be as high as 10-11% but 2 RE agents I have spoken to say property taxes are lower than mainland. Obviously $30k in annual taxes on a $300k house would greatly affect the investment potential. 

In addition, if anyone has a recommended lender and/or property management company they would recommend for PR, I would greatly appreciate it. Specifically looking at the Northwest part of the island. 

Happy Friday

Hello all, 

I am looking for recommendations of lenders that have been used for investment properties in Puerto Rico. I am from PR but as I live in Florida; I am interested in looking up realtors and lenders that work in PR. 

Penfed has a location on PR and may have a location close to you in FL. also look at the local Bank COOPs, they are helpful. outside of that you have the normal banks...oriental, Banco Popular, etc..

My family and I will be moving to NW Puerto Rico. We have some real estate (commercial and residential) in Colorado and are interested in finding more properties in NW PR. But, we also wonder if there is a certain type of business that we could buy and move to PR to take advantage of the tax incentive acts.

Anyone have any ideas?