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The word condotel is relatively new to the real estate vocabulary Cheap Air Max 2019 , but it is an important term for buyers to understand if they are interested in purchasing a condo in a resort location. High rise condos overlooking beautiful stretches of coastal shoreline have long been a favorite type of real estate for second homes, vacation getaways, real estate investments, and for those who are looking for a new type of well located Cheap Air Max 2018 Elite , low maintenance, luxury home. The introduction of condotels has created a new dimension to the typical condo that will be explained in this article.

What is a Condotel?

To begin with, we need to understand what a condotel is and how it differs from a standard condo. Sometimes referred to as condo hotels or hotel-condos, this popular new type of real estate consists of high rise condos that are operated and managed as luxury hotels. This means that the condo units are individually owned Cheap Air Max 2018 , but branded together as a Westin, Ritz-Carlton, or other luxury hotel chain.

The typical luxury high rise condominium lacks this same luxury hotel branding and marketing, which sets a condotel apart from standard condos. The hotel works as the management company for the building Cheap Air Max 2017 , scheduling short term or long term stays around the times that you are occupying your condo. In addition, you get all of the luxuries of a world class hotel at home. Room service, gym and spa facilities, and a friendly staff to help answer your questions are just a few of the added perks that are missing from most traditional condo towers.

Advantages of a Condotel Over Condo Ownership

There are many reasons why condo hotels have become so popular over the last few years Cheap Air Max 2 Uptempo , especially when compared to a typical condo purchase.

Headache Free Investment Property or Second Home

When it comes to furnishing, maintaining, or renting out your hotel condominium, you are free from the decision making process. The hotel management company maintains the condo as they would any hotel room in one of their prestigious locations. This means that design and d茅cor is kept similar from condo to condo Cheap Air Max 180 , and the day to day running of the hotel takes the burden of making sure your property is well maintained out of your hands, while ensuring rental income when you are not using the property yourself.

Tax Advantages

Condo-hotel ownership that is not used as a primary residence can have an accelerated depreciation schedule that reduces the 39 year period to 27.5 years, 15, and even as little as 5 years. This accelerated depreciation means significant tax bill reductions in the years it is used. Your accountant will be able to explain how this can be helpful when applied to your specific financial situation and tax expectations.

Disadvantages of a Condotel

There are a few differences potential condotel owners need to know about before they decide to make their purchase. To begin with Cheap Air Max 120 , many people prefer to add their own personal touches to their second homes and vacation properties. This isn't possible with a condo hotel because the d茅cor is mandated by the hotel to ensure that rooms are similar in look and amenities across the entire complex. In addition, those owners who would like to spend time in their condotel must make reservations weeks ahead of time for their own properties because the hotel service may book the room far in advance.

Now that you have a better understanding of what condotel means and how they differ from an average condo, you can make the decision as to what type of real estate will work best for you.
MLB Betting Tips To Make The Summer Special Sports Articles | May 18, 2012
Many sports bettors will take the summer off and skip baseball and wagering on it altogether. This could be a benefit because it allows the bettor to get refreshed and enjoy the summer and reenergize for the football season in the fall.
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Many sports bettors will take the summer off and skip baseball and wagering on it altogether. This could be a benefit because it allows the bettor to get refreshed and enjoy the summer and reenergize for the football season in the fall. Other sports bettors will insist that you should wager on baseball and that it is one of the easiest sports to win in and it is a perfect way to build your bankroll for the football season. In order to successfully wager and make a profit on major league baseball you should know some tips and insight on wagering on the game. This article will provide some basic and advanced keys to mlb betting.

It?s a grind: The baseball season is a long one and you have to be prepared to go through some winning and losing streaks and not get to caught up in it. One key to handling this long grind is not to bet everyday and to take a vacation in the summer where you will take a few weeks off from sports betting all together so as not to get worn down during the season

It?s a dog eat dog world: It has been said in all of my articles that I have written about wagering on MLB and I will say it again. When you wager on the MLB it is imperative that you try to become a dog player. You do not have to exclusively take underdogs but the majority of your wagers should be on underdogs. I would never recommend that anyone wagers on a favorite that is higher priced than 150. Baseball is the only sport that gives you the luxury of finishing below .500 and still making money. This is something unique that should be taken advantage of.

X-factors: When researching baseball games it is important to look at things like the starting pitcher because he is who drives the line Cheap Air Max 1 , but don?t focus solely on that. X-factors are important too. A bettor should also research umpires, weather, and the local newspapers to just name a few. Umpires can singl. Cheap MLB Jerseys China Cheap Jerseys China Free Shipping Wholesale Authentic Jerseys Wholesale NHL Jerseys Free Shipping Wholesale Authentic NBA Jerseys Wholesale Authentic MLB Jerseys Cheap Jerseys China Wholesale NFL Football Jerseys Cheap Jerseys China Cheap College Hockey Jerseys