article thumbnail

How is Your Vacation Rental Doing?

Prairie Eco-Thrifter

We paid around $200,000 in 2007 for the property with an extra amount for furnishings and a slip in a yet-to-be-built boat dock. If we hadn’t sold stocks and mutual funds to come up with the money to close the sale (cash on the table), we wouldn’t have generated a huge capital gain in 2007.

Vacation 124