RV OWNERSHIP/RENTAL PROGRAM
It’s a time share investment opportunity on wheels!
Have you ever considered the purchase of a recreational vehicle and then gave it no further thought because of the following concerns:
- Could not justify the initial cost
- Additional taxes
- Limited personal use
- Insurance costs
- Parking and storage
- Depreciation
Shane Michaels is please to present a unique ownership opportunity that will turn all the negatives into positive advantages that will benefit you personally. The plan will allow you to own a motorhome and benefit from it.
It’s time to rethink and consider that purchase.
- NO PST on the purchase of your vehicle
- GST on the purchase of your vehicle is refundable
- Tax deductible-financing interest
- Tax deductible-insurance
- Tax deductible-maintenance
- Tax deductible-licensing fees
- Tax deductible-depreciation of your RV
- SUBSTANTIAL CASH FLOW
You now become the owner of a small business and you let Shane Michaels Sales market and manage it for you. It’s the perfect business!
Shane Michaels with over 40 years experience in the industry, established and professional Canadian Company with a proven background of marketing and sales.
WE TAKE CARE OF EVERYTHING!
- Advertising and promotion
- Rental reservations
- Book keeping
- Unit records
- Checking and instructing renters
- Retail sales tax collections
- All communications with the renter
- Provisioning
- Care and mainenance of your RV
- Cleaning
- Storage
As the sole owner of the motor home there are no restrictions on personal use. At your leisurely pace you can enjoy holidays and other activities with your family and friends, while visiting points of interest anywhere in North America.
The great thing about the rental income you earn is that it is tax free. There is no PST charged on your purchase and the GST is refundable to you as a tax credit.
Finally a solution that makes sense! When is the last time you had an asset that someone else paid for…and you had the enjoyment of it as well?
HOW THE PROGRAM CAN WORK FOR YOU
There are 3 typical scenarios most individuals follow, however, you can customize the balance between “personal use” and “revenue generated from rentals” to suit your own needs.
- RENT ONLY DURING PEAK SUMMER SEASON This maximizes prime summer periods which draw the highest rates, yet enables you to enjoy the motorhome for most of the year.
- RENT OUT ALMOST ALL THE TIME This strategy yields the highest return on your dollar But still allows you to enjoy it every once in a while for planned vacations.
- RENT OUT ONLY ON A LIMITED BASIS Renting your motorhome out only a few times a year will help to defray costs and give you maximum freedom to use it as much or as little as you want.
Contact Shane Michaels Sales at 705.484.0111 to request more info or please fill out the attached request form and return to us, we are more than happy to respond to your request.
Disclaimer:Tax benefits may change or have various interpretations. Shane Michaels Sales make no claim as to what the tax benefits may be. If any relate to you.
