Acquiring real estate in Myrtle Beach, SC is a good step towards improving your assets but knowing what to do with it will open even more doors for maximum profitability. As a real estate owner, you should know that not all properties are created equal (and the IRS is there to prove it). Since Myrtle Beach is home to oceanfront condos and hotels, it would be a crime to let your property just sit there after your vacation is over. Whether to ensure return on investment or you just want to add another source of income, it would be wise to turn your vacation condo into a rental.
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