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The fact that other people are in effect paying for the purchase
of your dream holiday home with each week they rent is exciting in
itself. For many people the fact that they could break even with
rental income covering ongoing costs is sufficient reward for
running their small business.
It
is possible, however for you to make a profit from your business
and to use that money to subsidise your own trips to Florida. A
well run villa should enable you to take upgraded seats on your
flights as a tax-deductible allowance, hire a car for your
business use in Florida and pay for other legitimate business
expenditure.
We
can help by showing you how this can be achieved through our
sister company Florigroup. By passing on referrals from clients
you cannot cater for, we will pay a referral fee to you for every
week of rental they book with us. We can also provide competitive
quotations for flights, car hire, attraction tickets, phone cards
and a number of other goods and services, for you or your
clients. These services make your clients' holidays cheaper than
they will be expecting and they will be inclined to return to you
year on year for their holiday needs.
By
providing an excellent service to you at a fair price, you will be
able to offer a deal to your clients that will be below the market
norms yet will be sufficient for you to take a small profit margin
to boost your income. Properly run, your business should not have
to pay income tax either in the UK or in the USA, but you can
benefit from the knowledge that you are in profit in the running
of your house.
Please note also that we can recommend an excellent accountant in
Florida who will provide advice and accountancy services that will
save you money.
Please get in touch if you want any further information. |