Make Your Vacation Special With Affordable Hawaii House Rentals

Hawaii offers great opportunities for both adventure sports and nature lovers. Poipu Beach, a top vacation spot on Kauai Island, showcases rugged mountains, and canyons, while the Pacific Ocean beckons just beyond. So, while you can enjoy lazy strolls along the magnificent beaches, you can also participate in numerous adventure sports such as snorkeling, kayaking, and hiking.

Featuring rentals for every budget, resorts, condos, and basic cottages are all located close to the attractions of the region. The choices in Hawaii rentals range from modern air conditioned condos, large one-bedroom suites, and basic cottages, to glass-front resorts facing the ocean. For those who like their privacy, the rental options also include peaceful cottages with a small garden-minus a telephone. If you have a higher budget you could opt for a stay at a luxurious spa condo, complete with ocean and pool views. The houses have modern amenities, and depending on your budget, you could also opt for places with LCD screens, DVD players, and movies on-demand.

Most house rentals are close to the local attractions such as Poipu Beach Park, Shipwreck Beach, and Brennecke’s Beach. There are opportunities to bodysurf, enjoy visiting geological attractions such as the Spouting Horn, and cruise on coaster bikes along the ocean front. The place is known for being a kayaker’s paradise, and Wailua River is one of the popular hot spots. Snorkeling is also a great attraction, with the clear waters near Kauai offering opportunities to explore a wonderful underwater world. If you stay in a house by the coast, make sure to visit Anini beach, where you can view wonderful coastal fish and corals.

There are State Parks close by where you can enjoy hiking adventures. The hike trails take you to mountains, waterfalls, and magnificent coasts. You can also visit the Kalalau Valley, a home to exotic varieties of flora and fauna. For a chance to sample local delicacies and browse some knick-knacks to take back home, Poipu Shopping Market is a good destination. It has a chain of restaurants showcasing popular coastal dishes. Kapaa and Waimea also have their own share of attractions that have made them a favorite of holidaying tourists. The beauty of the place has made it a favorite for movie shoots, so you also get to enjoy guided tours to movie locations.

Kauai is known for its great natural attractions. Opt for Hawaii house rentals to enjoy a comfortable stay by the Pacific.


Vacation Rental 1031 Exchange

We are often asked whether tax liability from the sale of a vacation home can be deferred using the procedures of IRC section 1031. The answer to this question is found in Revenue Procedure 2008-16.

The general rule for ALL 1031 exchanges is that the property must be held for primarily for investment of use in trade or business. In order to prove that your vacation home is held primarily for investment, and is therefore 1031 eligible, rather than for your own personal use the Internal Revenue Service (IRS) set out specific parameters for you to follow. This is known as a "safe harbor." Those parameters are:

For the Relinquished or Old Vacation Property you must have:

Owned the property for at least two years, and;

In each of those two years, the property must have been rented for 14 days or more at fair market rent.

For the Replacement or New Vacation Property

Owned the property for at least two years, and;

In each of those two years, the property must have been rented for 14 days or more at fair market rent.

In addition to these "safe harbor" requirements there are additional requirements:

Your own use of the1031 exchange vacation homes must be no greater than 14 overnights or 10% of the days rented per year, whichever is less, but excluding time spent at the property for repair and maintenance.

The term "safe harbor" means that the IRS will not challenge your 1031 claim of tax deferral if you can prove these facts. The burden of proof is always on the taxpayer. If you 1031 exchange vacation homes and are unable to prove these precise facts your 1031 exchange may still be honored. But it will be subject to greater scrutiny by the IRS. When you do not meet the "safe harbor" test you can still prove investment intent by other facts and circumstances. Some of the best ways to prove investment intent are:

Keep an analysis of the property's investment potential when you buy it. Market trends and resale potential are important parts of this analysis,

Schedule your vacation home on your tax return under your schedule E,

Take depreciation,

Show income from the property,

Keep track of your personal use time, and remember time spent on repair and maintenance is not counted as personal use time,

Make improvements to the property that will maximize its investment potential,

Do not list the property on schedule A of your tax return.

Show why you sold the property in less than two years makes sense from an investment point of view.

Keep in mind that when advanced planning is possible most taxpayers convert their personal use vacation property to property held primarily for investment under the above stated safe harbor rules prior to per forming a 1031 exchange. A second home can be converted to an investment property, changing the character by placing the property into a rental pool, reducing personal use and itemizing the property on Schedule E on tax return.

Vacation properties held in a 1031 exchange can be converted to a primary home in which case it could qualify for tax exemption under IRC section 121. A second home can be converted to an investment property, changing the character by placing the property into a rental pool , reducing personal use and itemizing the property on Schedule E on tax return.

All of the other requirements of section 1031 exchanges apply to exchanges of vacation homes.

Steven Hickox ESQ


3 Tips to Finding a Beautiful Vacation Home in Your Budget

Spending time in a comfortable holiday home can be extremely relaxing and refreshing. Moreover, if you can stay at a beautiful vacation home without overstretching your budget, there is nothing like it. This article explains how you can achieve a harmonious balance between the two. Follow these three simple tips to get your dream holiday home within your budget.

Do your research

Research is very important if you want to get a beautiful vacation house within budget. Since actually going out into the field and doing a survey from the ground up would take a lot of time, the Internet is a good place to start. You will find several tourist sites, social media pages and discussion blogs where tourists review and rate various aspects of their holiday homes. This will give you a fair idea of which features of a vacation home appeal the most to visitors. In this way, you will know which aspects of the house should be high on your priority list. You will also get to know the areas and neighborhoods where the most beautiful homes are available.

The research will also show various agents and property knowledgeable dealers with insight into the market and know whom you can approach with your query.

Trial the vacation house first

At first glance, every house will look like the perfect investment. However, do not get fooled. Photographers and editors work meticulously by choosing camera angles, lighting and even photo editing tools when publishing photographs of holiday homes in travel magazines and brochures. Take the sensible route and visit the house several times before settling on it. The house should be comfortable and exciting enough to make you want to visit the place regularly and to commit to it long-term. Remember that once you have made the investment, it will be difficult to offload the property, and you may not have the time to do that. Make sure that you are comfortable with the location, amenities, neighborhood, scenery, and structure of the house before making the purchase.

New houses last longer

The design of vacation houses is to be beautiful and aesthetic. However, not all of this beauty comes without effort. A lot of effort goes into the upkeep and maintenance of the house. If you want to avoid this hassle, in the end, opt for a newer property since an older house will pose more frequent maintenance issues.

Moreover, if you plan to rent out your property, you will need to make frequent repairs and upgrades to keep your property hot on the property market. This involves making plumbing and electrical repairs, upgrading the fittings, landscaping the lawns, and regular maintenance. Be prepared to invest the time and money into this effort to continue to enjoy the benefits of your holiday home.

A beautiful vacation home comes with its own set of expenses but does not necessarily have to cost an arm and a leg. Being ready with the correct information and realistic expectations, you can certainly find the holiday home for the price you are willing to pay.


How a Luxury Home Rental Could Enhance Your Family Holiday

While staying in a hotel has its own benefits, if you’re going away for longer than a few days, renting a villa or holiday home will make your experience that bit more enjoyable. Not only will you have somewhere to rest your head after a day of sunbathing, swimming or seeing the sights, you will also have your own space to relax, cook and entertain in.

People often tend to steer away from renting private accommodation, fearing it will be too expensive and subsequently blow their budget. But think of all the money you’ll save by cooking your own meals in a vast and beautiful kitchen. Instead of dining out in pricey restaurants and spending money on entertainment, you can find it all inside a villa.

If money is no object, there are plenty of holiday homes that will provide extra services such as a chef to cook your food, as well as maids and butlers. These are optional and will come at an additional cost, but it goes without saying that hiring someone to care of your day-to-day chores will have a big impact on your relaxation and enjoyment levels.

Plus, if professional staff are taking care of your washing, cleaning and cooking duties then you will have more time to spend with your children and partner. This will enable you to truly take a break from the duties of your everyday life, letting you really switch off and unwind or spend more time exploring the local area as a family.

A villa rental is a great alternative for families who don’t want to stay in a hotel. Hotels typically provide little entertainment for children, and while there may be a family lounge available, you probably won’t want to spend all of your time in there. Plus, if you don’t want to eat out in restaurants every night, you may be stuck for an alternative.

What’s more, if you’re sharing a hotel room with your children, there will be little opportunity for you to spend time with your partner or friends once they have gone to sleep. By renting a holiday home with multiple rooms, you will have plenty of space to relax and entertain in, including vast dining rooms, lounge areas, stereo systems and even home cinemas.

What’s more, some luxury accommodation options include access to a pool that both you and the kids can play, swim or relax in. In some cases this offering may even extend to an outdoor bar or even a spa area. Some of the larger holiday properties may also include gyms, while others offer a full concierge service and waiting staff.

In order to truly reap the benefits of your surroundings, try to find a holiday home with a beautiful view. Depending on where you’re planning to stay, you may be able to find one up in the mountains or with an ocean view. Being able to enjoy these views will make your whole trip feel more like a break from normal life – something we all need once in a while.

A luxury rental will undoubtedly make your family holiday more enjoyable. You can rent houses, villas, condos and apartments – in some cases at a very reasonable price. Whether you opt for a small, two-bedroom property or something larger (villas can sometimes accommodate 8-10 couples) it will have a big impact on your trip.


Tips for Renting a Vacation House on Martha’s Vineyard

Martha’s Vineyard rentals are available in each town on the Vineyard. If you would like to be close to the major activities on the island, you can find rentals in Oak Bluffs, Edgartown and Vineyard Haven. Or, if you prefer more serenity, you may find vacation rentals in West Tisbury, Aquinnah, Menemsha and Chappaquiddick to suit your style.

Martha’s Vineyard is larger than many folks realize. While Oak Bluffs, Vineyard Haven and even Edgartown are easy to get to from the ferry boats, West Tisbury, Chappaquiddick and other areas require a bit more time and effort. Ferry boats from Woods Hole and Hyannis, MA go to terminals in Oak Bluffs and Vineyard Haven.

So, if you rent a house in these towns you’ll be within a few minutes of the house. Rental homes in Edgartown will be between 10-25 minutes from the ferry terminals. Vacation rentals in Aquinnah or Tisbury will be 25-45 minutes from the ferry. Rentals on Chappaquiddick require a short crossing on another ferry to the island of Chappaquiddick.

Vacation rentals on the Vineyard come in all sizes and price ranges. There are simple cottages with 1 or 2 bedrooms and there are gorgeous estate style rentals with more than 5 bedrooms, pools, tennis courts and more.

Of course recently President Obama has rented a vacation home featuring expansive grounds, abundant privacy and amenities suitable for a President.

When you are searching for a rental, you should keep in mind that there are only a few large supermarkets on the island. If you plane to eat out frequently or stock up for the week, this may be fine, but if you are expecting to get food a few times you may want to consider how far it will be to the store.

You may also want to consider the proximity of the rental to the main Vineyard attractions. Most of the activities and attractions are near Oak Bluffs, Edgartown and Vineyard Haven and these 3 towns are within 10-15 minutes of each other. If you rent a home in Aquinnah, plan on driving 30-50 minutes to get to restaurants and shops in these towns.

Many Martha’s Vineyard rentals will not allow dogs. Of course some do and if you require a home that allows dogs just make sure you verify this condition with the rental agent or owner.

The temperature on the Vineyard becomes cooler at night so most rentals do not have air conditioning and it’s generally not required for comfortable sleeping. However, if you feel you may require air conditioning, be sure to verify that rentals you consider have this feature.

Of course Martha’s Vineyard is an island and many vacation rentals are within walking distance to a beach. While there are many great public beaches on the Vineyard, there are also many excellent private beaches and you can generally have access to these beautiful beaches if your rental home is in the proximity.

Rentals will generally require payment for the full week as well as a security deposit which will be refunded assuming there is no damage at the end of the rental period.


Phoenix, Arizona Vacation Rentals – Affordable

Phoenix, Arizona vacation rentals are a sunny way of enjoying a vacation in the sun. By renting accommodation in Phoenix vacationers can have a relaxed easy going vacation which is easy on the budget. Busy Hotels in Phoenix which is the capital city of Arizona and the main business center are expensive and charge by the day. Each extra day can cost dear. Phoenix, Arizona vacation rentals on the other hand charge according to size and amenities. A family can stay in the comfort of a home cooking their own meals and living at a relaxed pace. It gives the vacationer the feeling of relocating to a different place and living a different life for a short while.

Phoenix, Arizona bustles with activity all year through. Sports enthusiasts will find many tournaments and event to attend be it baseball, basketball, golf or tennis. Other outdoor activities include desert hi king and biking and going on hot air balloons. Phoenix has many well known restaurants, museums theaters and shopping malls. The Salt River and the Verde River are water sport centers for activities like power boating, water skiing and fishing. A steamboat ride on the Canyon lake and jeep rides through the Sonora Desert are popular with vacationers all year round. Visitors can enjoy breathtaking views on a helicopter ride over Phoenix. Surrounding native American Nations have casinos for the vacationer who is game for a game. Restaurants offering a variety of cuisines abound in Phoenix. Special attractions in Phoenix are the February native hoop Dancing Championship and the October original Coors Phoenix Rodeo Showdown.

Phoenix, Arizona Vacation Rental Homes come in different sizes and locations. Villas and Townhouses in gated communities are popular because of the security and the feeling of vacationing within a local community. Most vacation rental homes are close to places of interest and the vacationer can find attractions within a close range. Some vacation rental homes are within golfing communities. Phoenix is regarded as the golfing capital of the World and golf enthusiasts can rent homes to enjoy important tournament s or unlimited rounds of golf.

Condos are popular vacation rentals in Phoenix. Condos are fitted with all utilities and amenities. They are located near places of interest and golf courses. Condos near golf courses also offer the vacationer prearranged golfing opportunities. For small families or vacationers who prefer an intimate escape log cabins are available for rent. They are examples of rustic luxury. All amenities are made available in a rural atmosphere.

All Phoenix Vacation Rentals have different rates for different seasons. Rates are higher during the high season and lowest off season. Rates are charged on a daily, weekly or monthly basis. The minimum stay required is three days. Security deposits and cleaning fees have to be paid in advance. Early cancellations will get a full deposit refund. Refunds vary according to the time of cancellation. Most vacation rentals have a no smoking rule. Some have a no pets rule. Violation of rules will result in immediate eviction and forfeiture of deposit. Reservations should be made early because of the popularity of Phoenix as a tourist and golfing destination. Well known credit cards are the preferred form of payment.

Phoenix, Arizona is a popular vacation destination made affordable by the availability of Phoenix Arizona Vacation Rentals. Vacation rentals; give more space and privacy to the vacationer. Vacationers can cook their own meals and save restaurant costs. Families do not have to pay for extra bedrooms. Vacation rentals give the vacationer a choice of location and easy access to vacation activities of their choice. Vacationers do not have to specify the type of rooms or suffer the noise of repairs as in the case of a hotel. Vacationers can mix the feeling of a home and a vacation by renting a vacation home in Phoenix.


Are Vacation Homes A Big Waste of Money?

Rent is a waste of money, or is it? That’s what we’ve been conditioned to believe for the last few generations. Even when the real estate market is more stable and prices are steadily increasing, buying a vacation home may not be the best decision for your wallet.

Should you buy a vacation home that you’ll only use a few months a year? Let’s take a look at a simplified example to highlight what it costs to own a vacation home. You purchase a vacation home, and the monthly costs including mortgage payment, real estate taxes, insurance, HOA, or other maintenance and utilities are $3,000 a month. You use the home for three months a year, although you’re paying for 12. So, you’re paying $3,000 a month for 12 months or $36,000 a year and using the home for three months at an effective cost of $12,000 per month ($36,000/3). You could seasonally rent a similar home in the same area for $4,000 per month or $12,000 for the season. You’d be paying $24,000 extra a year owning the home versus renting it ($36,000-$12,000). Over five years, you would have spent $120,000 more to own the home ($24,000 x 5 years). Yes, the home might appreciate, but you would have to subtract buying and selling closing costs and a potential real estate commission from any appreciation.

Let’s say you purchased a home for $400,000 plus $8,000 in closing costs for a total initial investment of $408,000. Let’s assume it increased in value 5% a year (higher than normal market conditions). It would be worth about $510,500 at the end of the fifth year. If you sold the home and subtracted a 6% commission and $8,000 in selling closing costs you would net about $471,900. Your approximate profit would be $63,900, but remember you would have spent an extra $120,000 to own instead of to rent the home for those five years which would actually mean you spent $56,100 more overall (-$120,000+$63,900).

Keep in mind that the home might have needed repairs and renovation work, which would have added to your cost as a vacation homeowner. You would, however, pay off some of your mortgage balance which would be a benefit of owning versus renting. But, know that during the first several years of a 30-year mortgage, typically 75% – 80% of each mortgage payment is interest and not principal repayment. You may also be able to deduct the mortgage interest on this second home, but the bottom line is for this vacation home, the overall financial costs would be greater than the benefits.

Every situation is different, but now you have the tools to conduct your own financial analysis. Sometimes it makes financial sense for you to buy versus rent a vacation home, and sometimes there are non-financial reasons to influence your decision. It is, however, better to make a big financial decision with your “eyes wide open” rather than with blinders on. You may avoid financial disappointment or hardship later.

Please note that all information contained within this article is educational and should not be interpreted as financial advice. For advice that is specific to your needs and circumstances, you should consult a financial or tax adviser.


Vacation and Holiday Home Rental – 4 Things You Must Know!

Want a vacation rental in Spain, but don’t want to get scammed or waste money on the house that you THOUGHT was your best choice, only to find out that you made a big mistake? Or are you interested in getting cheap vacation rentals in Spain… or even package deals!

Below are some solid tips you can use to find and rent your holiday home without any hassles or problems, and even save money.

Know what you’re getting

When you look for short-term vacation rentals in Spain, everything should be included. Always double-check for hidden charges on the invoice. Do you have Wi-Fi or internet? Is it basic or premium? Does the price involve the whole months cost? Maybe the internet is free up to the first 5 Gigabyte.

What if you have to leave early? will you get a partial refund? They might tell you that everything is included, but check the invoices just to make sure, because it might be up to some amount.

Knowing the manager

Knowing the manager of the holiday home is very important. Your contract should say they’re exact contact information for when you need help. What if your washing machine breaks, or the hot water won’t work anymore… and you need to stay another 3 weeks on holiday.

Try keeping the contact information in and out the holiday home, so you can always get in touch. If you can get a second person to contact, do it! Make sure you have at least the telephone and e-mail of the owner.

Family and Pet friendly

If you are with a pet, look for pet friendly vacation rentals in Spain! Imagine travelling all the way to your holiday home just to find out that pets are not allowed in the house. Some people don’t like it when the previous guests had a pet (hygiene).

Or if you have 3 kids and the guest-room only has a king-sized bed… this could be a big problem. Make sure you see enough pictures of the house, to make sure. Check the location… is it safe for the kids? Is it close to local activities?

Booking early

Book early to make sure that everything will be as promised. Certain times in the year, villa rentals are very busy due to holiday seasons, so try to book early. You can look for vacation rentals with the availability slightly out of season time, to get better deals.

Don’t be shy and contacts the owner/manager of the property, most of these vacation rentals have package deals. They might be able to offer a rental car, cheap flights, attraction tickets, and more… Just ask and see for yourself.

Now you have the tips needed to rent holiday homes that fits your needs.


Canadian Snow Birds Flock to Santa Barbara Vacation Rentals

When Canadian Anne Murray sang her hit song “Snowbirds,” she wasn’t singing about Canadian Geese. She was singing to the thousands of snow-bound Canadians called ‘snowbirds’ who make the yearly pilgrimage from wintery Canada and the Pacific Northwest to warmer climes in places like Southern California. There, snowbirds nest for the winter months, basking in the warm southern California sunshine, in quaint resort gem cities like Santa Barbara. Nestled between the beautiful Santa Ynez Mountains and the Pacific, Santa Barbara is a premier resort destination.

Snowbirds who come here to what some call “The American Riviera” have a secret: Santa Barbara Vacation Rentals have it all. Those who’ve discovered Santa Barbara Vacation Rentals shun the barren Arizona deserts and even the ritzy Palm Springs oasis for this coastal beauty. Why? They know only too well what Santa Barbara Vacation Rentals can offer them in the way of amenities and comfort and entertainment. Snowbirds who flock to the coastal town of Santa Barbara are not content to curl up with a good book for the winter under some Saguaro cactus or be satisfied with designer shopping sprees that require SPF 70 and a large checkbook. They are too active and full of life for that. They want more and that’s exactly what Santa Barbara Vacation Rentals have to offer.

Santa Barbara Vacation Rentals cover a wide area of urban Santa Barbara. There are private homes and condo units on the coast, directly on the beach, inland near tourist attractions and everything in-between. For snowbirds who migrate here, camping is not an option. They are not interested in roughing it for the entire winter or sharing public facilities with their neighbors. They don’t own RV’s because they don’t want the hassle of storing an unwieldy RV for most of the year. They are used to comfort and they crave it for the long winter they’re away from home.

David and Leslie Benscott, retired attorneys from British Columbia, used to camp with their children. But they’re empty nesters now, and when they get away for the winter, they’re not interested in foregoing amenities. They have been renting Vacation Rentals in Santa Barbara for the past seven years. “Besides,” says Leslie, “we both love to cook and we’re spoiled enough to admit we want a nice kitchen to do it in. Our condo has a fabulous chef-style kitchen with a breathtaking view of the Pacific Ocean. At least once a week, we’ll cook up a gourmet meal in our Vacation Rental in Santa Barbara and meet friends on the beach for a picnic. You simply can’t do that in January in British Columbia.”

The Benscott’s vacation rental in Santa Barbara is fully furnished with all the amenities. Often, owners of vacation rentals will equip a condo or house with things like beach equipment, games, movies and a stocked kitchen. There are no taxes or tips involved in vacation rentals as there would be in a hotel, so in the long run, Santa Barbara Vacation Rentals work out cheaper for them than a long term hotel stay would, especially when you don’t have to dine out every meal. The Benscotts have made it a quest to catch up on all the sights in Santa Barbara as well, each season adding a few new discoveries to their treasure chest. This year, their grandchildren visited and they all took in the Railroad Museum and the Santa Barbara Zoo. It was a memory all of them will hold onto for a lifetime. Luckily, there was plenty of room for everyone to stay at their vacation rental with its three roomy bedrooms and beachfront courtyard. The grand-kids could walk to the beach every morning with the Benscotts. They have the shell collections to prove it.

With over a hundred wineries in Santa Barbara and the surrounding area, cultural events like theatre, beach-front Arts and Crafts fairs, even Santa Barbara’s own International Film Festival, there is something for everyone here. Snowbirds know that if you like outdoor activities with flair, then Santa Barbara is the place for you.

Snowbirds Ken and Marie Linter, a retired surgeon and his wife, come here from Alberta, Canada every winter, drawn by the warm temperatures and the great properties they find with Santa Barbara Vacation Rentals. They’ve rented the same condo now for four seasons. Ken and Marie are avid bikers and kayakers and love the opportunities Santa Barbara provides for them to stay fit over the winter months. “The only exercise I get in Alberta is shoveling snow,” says Ken, who gave up skiing several years ago. “And frankly, I’m over it. Now Marie and I can bike all around the city on the bikes our Santa Barbara vacation rental provides for us at no extra cost. We go home in better shape than when we came.”

It’s just the two of them now and they love the one bedroom condo they found from Santa Barbara Vacation Rentals. Not only do they have in-house housekeeping services, there is a concierge service attached to their vacation rental. When it comes time to decide which fabulous restaurant to choose, the concierge is there to help. “Last week,” Marie says, “the concierge steered us to a five star restaurant tucked into a private little beach cove. It was probably the most romantic dinner Ken and I had ever had. Well worth the trip from Alberta.”


Palm Springs Home Rentals

Palm Springs home rentals are one of the forms of accommodation available to tourists visiting Palm Springs. People renting out a Palm Springs home rental can look forward to an amazing place to relax around the pool while enjoying the beautiful desert and mountain views.

The Palm Springs home rentals may be anywhere between a 2-room house to an 8-room house. They come with full-sized kitchens with all modern amenities. The houses also come with a washing machine and dryer to make the stay more comfortable. The living rooms are furnished with large-screen TVs, stereo and audio systems. Some of the houses also have televisions in the master bedroom. Parking doesn’t prove to be a headache, with convenient covered parking provided in most homes. Once in a Palm Springs home rental, one has numerous activities and attractions to keep busy. Golf is the most widely played sport here, with over a hundred golf courses to choose from. Those who are not interested in sports and outdoor activities can always visit one of the various art galleries. Pubs, restaurants and hundreds of shops wait the eager food lover and shopper. Not only are the home rentals comfortable, they prove to be a great place to relax, with the serenity of the area and the striking mountain views.

People planning to live in the home rental have to live with a policy for a minimum of thirty days. A deposit has to be given, which is of course, refundable. Any damages made to the home rental will be deducted from the deposit before it is returned. Be ready for the additional cleaning fees that they usually charge, for the cleaning up of the home rental once the tourist leaves. However, the longer stay you plan in the home rental, the better the discounts you will be offered.