Читать книгу Renting Your Recreational Property for Profit - Heather Bayer - Страница 18

Capital expenditures are one-off costs that may arise during the year. If you have just bought a vacation home there will be expenses to furnish and prepare it (see Chapter 5, Getting Ready for Renting). If your cottage is established, you may need to upgrade it to fit a higher rental category. Chapter 5 also gives some ideas on how to add value to your property for this purpose. Ask yourself what you need to set aside for major purchases through the year, and input this figure on the spreadsheet in the month you expect to make the payment. Don’t forget “surprise” expenditures: a septic pump that fails mid-season or a heated water line that needs replacing while you have winter guests in residence, to mention a couple. These might not be planned, so an emergency fund is helpful for such circumstances.