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Frequently Asked Questions

 

Property Managment FAQ

 
What type of properties do you oversee?
Universal Vacations oversee many different types of properties along the Gulfcoast of Florida:
• Condominiums
• Town-Houses
• Villas
• Homes with swimming pools
• Homes without swimming pools

Why would we need to hire a professional property management company?
It is very important for you to hire a professional company to look after your property while not in residence, most of our homeowners live over 4500 miles in Europe and want the peace of mind that while they are away their property is being looked after by a professional management company. Universal Vacations are licensed by the Department of Business and Professional Regulation to rent and manage properties in the State of Florida

We do not wish to rent our property out, will you still look after the home while we are away?
Yes, we would still manage the home and carry out the identical checks as if it was a rental property

How do you handle maintenance issues?
We employ our own maintenance staff, if the item needing repair has to be carried out by an outside contractor then we arrange to meet at the property and stay while the work is carried out.

Do we need to file a US tax return?
In most cases, yes you would need to file an annual return with the IRS; Universal Vacations can recommend a CPA who would be in a position to file the return on your behalf, the cost would approx $275.00 per return and would be paid directly to the accounting firm.

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