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Indian Point Lodge: Branson Missouri
RCI Gold Crown Resort

 


Nightly Rental Program Provides Income and Tax Benefits, Resort Amenities and Services!  The following information provides an overview of the resort rental program and Resort Condominiums International (RCI) vacation exchange program operated by Indian Point Resort, LLC for Indian Point Condominium owners.

Income from condo unit rentals is split 55% to the condo owner and 45% to Indian Point Resort.  Travel agent commissions, credit card transaction fees, discounts and refunds are deducted from gross rents prior to this split.  The owner is responsible for certain unit expenses including utilities, periodic deep cleaning, maintenance, repairs and replacements of the unitís interior and furnishings.  In addition, when owners use or space bank their unit they are responsible for towel service and a cleaning fee that is currently $55 per stay.  Owners may use their unit or space-bank weeks with RCI to exchange their unit at any time with advance reservations, provided the unit has not been previously booked by the rental program.  Use of the RCI exchange program requires a current RCI membership and payment of RCIís exchange fees.

Indian Point Resort is responsible for marketing, reservation services, front desk services, housekeeping labor and cleaning supplies, linens and laundry service, rent collection and disbursement of ownersí expenses.  Also, for condo units in the rental program, Indian Point Resort makes available to condo owners and rental guests the resort swimming pools, game room, playgrounds and lawn games free of charge.  Dock slips, pontoon boats, ski boats, bass boats, fishing boats with motors and waverunners may be rented at the resort docks.

Condo owners receive a monthly accounting of all reservations and expense disbursements from our computerized resort management system.  This monthly reconciliation is accompanied by a check for net proceeds due the owner or a statement for any balance due the resort.

Historical statements of average income and expenses for nightly condo rentals are available upon request by calling or clicking on the link below.

Condo owners can deduct condo unit expenses from the rental program to reduce taxable income.  Additional tax saving deductions can include mortgage interest and depreciation on the condo unit and furnishings.  The purchase of an Indian Point Resort Condominium can also qualify for a 1031 real estate exchange to tax-shelter proceeds from the sale of other rental property.

Indian Point Resortís rental program provides Indian Point Condominium owners with the opportunity to maximize the combined benefits of rental income and personal vacation use.  We would be pleased to put our 35 years of resort marketing and management experience to work for you.

Discover how to make your vacation dreams come true...

Click Here to request an information packet.

Or Call  1-800-888-1891  Then  Press 4  For Condominium Sales

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