Your property will be advertised online, using several marketing websites including Airbnb and VRBO.
Yes, we file and pay your General Excise Tax (GET) & Transient Accommodations Tax (TAT). We also pay your Real Property Tax upon request. However, we do not file or assist with personal income taxes.
In order to make sure we are able to cover all of your monthly expenses, we reserve at least 3 months’ worth of property tax, maintenance fees, etc. We can distribute the remaining income to you on a monthly basis to your US bank account.
We will provide Owner with regular monthly and year-to-date income statements of receipts and disbursements including copies of non-recurring invoices on a monthly basis.
For rental term of 1 day to less than 6 months, the management fee shall be 20%+GET of the gross rents received. Rental term of 6 months or more shall be 10%+GET of the gross rents received to ILCS as management fee.
We check your property to see if it meets our standard such as cleanliness and condition of all the appliance and fixtures. We are happy to propose you with repair and/or remodel options even when the condition of your property does not meet our standard. We may decline to manage after thorough research of your property.
Cleaning professionals check your room condition upon each cleaning, and report us if they see anything out of the ordinary. In addition, our experienced Property Manager will inspect your unit every 3 to 6 months. We will report the findings and propose repair options including upgrading options if necessary.
Expenses are including subscription fee for marketing websites and credit card fee upon each booking.
Each guest will pay for their post check-out cleaning fee.
You can stay at your property when calendar is open. Also, you can block the calendar in advance if you preferred not to accept reservation for specific period.
Please note that you will be responsible for the post-stay cleaning fee.