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Tuesday, February 1, 2011

Pay for your RV by Renting it Out

We are a small young motor coach rental company with over 12 years of experience. We have locations in four states, serving a total of 12 states, currently we have just over 15 privately owned vehicles that we rent out for individuals such as yourself. We are always looking to add new motorhomes to our fleet and welcome the opportunity to discuss a business venture with you. As I mentioned before all of our rental vehicles are privately owned by individuals, and well maintained by our qualified staff here at Luxurious Rentals LLC.

Our locations are in some of the United States great vacation destinations, Florida with 2 major theme parks and 3 NASCAR races per year as well as Pennsylvania with 3 NASCAR races and 3 theme parks, and California with Napa Valley and there is Yosemite National, and not to mention the beautiful state of Ohio with lots to see and do. Your coach would be available for you whenever you would like to use it, with an advance notice for scheduling purposes of course.

Our program is not that different from that of any other, we feature a 50/50 split of the rental income on each unit in our fleet. Every vehicle rented from Luxurious must be insured either by the customers insurance or our commercial insurance policy and there is a $2500-$5000 security deposit authorized to deduct any miscellaneous damages from, such as a deductible for body damage, a tear in the seat, possibly a stain on the carpet or things of that nature.

Responsibilities of Luxurious Rentals include advertising our company nationally in order to keep yours and every other vehicle busy, maintaining your vehicle to insure that it is kept in the same condition as when you gave it to us, employing a staff to obtain this level of maintenance, rent at four locations across the USA, as well as maintaining vendor relationships in order to receive timely and quality service, etc.

The responsibilities of an owner are a little bit simpler and include; providing Luxurious with a reliable vehicle to participate in our rental program, maintaining commercial insurance, you are also responsible for normal maintenance expenses that could include items such as; batteries, wipers, tires, oil changes, and normal wear and tear items that could be deductions associated with any type of company vehicle.

I would also like to mention to you that if your vehicle is in a company name and the nature of that business is to rent out the vehicle through Luxurious Rentals then a lot of your maintenance expenses and depreciation become tax deductions. Your accountant can explain more about company vehicles, and there is also a new equipment purchase deduction available under IRS Section 179 as well. Call us to discuss this opportunity toll-free at 1.800.561.8538 and ask for Robert Lemon.

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