![]() Garrett County issues these licenses and they are good for 2 years. TVRU stands for Transient Vacation Rental Unit. If the property is located in the Deep Creek Lake Watershed Zoning District, a TVRU license will be required in order to rent the house. The houses with an indoor pool generate the most rent, regardless of their location, as the pools are very appealing to families renting. Newer houses with newer furniture and décor usually generate better rents and overall more income. Houses located closer to Wisp will generally do better over a full year because they more easily rent during the ski season. A general rule of thumb is about half of the yearly gross rental income will be generated during the summer and the other half will occur the rest of the year. During spring, fall, and depending on the location in the winter, most rent on weekends and holidays. Most vacation rental houses will rent for an entire week from mid-June to mid-August. Summer is still the busiest rental season at Deep Creek. ![]() If the house is not currently a vacation rental, a rental projection can be obtained that will give a pretty accurate estimate of the yearly gross rents broken down by each season. Rental houses currently for sale will have a rental history that can be shared with you. Linens, cleaning, and hot tub service fees for each reservation are generally added to the management fee. The management fee covers everything related to the renting and management of the property, including, but not limited to all marketing and a listing on vacation rental sites including VRBO, answering all rental inquiries, booking reservations, collecting the deposit, processing the payments, providing check-in/check-out instructions, and 24/7/365 renter assistance should any problems arise. Generally, the property management fees at Deep Creek are 17.5-20% of gross rents. ![]() Vacation Rental & Property Management Services Below is a basic guide on how to own a vacation rental house at Deep Creek Lake. Another great benefit is the ability to use a 1031 tax-deferred exchange to defer capital gains taxes when you sell or buy another rental home. It also provides you and your family personal use and enjoyment of owning a vacation getaway. Unlike other areas of the country, our four-season resort allows rental income to be generated year-round. The biggest benefit of owning a vacation rental house is the financial flexibility it can provide to offset expenses with rental income. Unless you really know what you’re doing, stick to the Middle Yough and section and enjoy a more leisurely experience.Purchasing a vacation rental house at Deep Creek Lake has several benefits. Serious whitewater rafting enthusiasts from all over the country come to southern Pennsylvania to conquer the Youghiogheny River’s IV and V rapids, including the notorious Meat Cleaver, a gnarly stretch of falls that bends through a maze of jagged boulders. An easy 1¼-mile hike takes you to the park’s main attraction, the 53-foot Muddy Creek Falls waterfall. Many of its trails follow the river, so wear a swimsuit under your hiking clothes so you can take breaks in the calmer sections of water. Of all the wilderness to explore in the area-Garrett County has seven state parks-Swallow Falls should be on the top of your list. For gear rentals or tours, most outfitters are based in the towns of McHenry or Oakland. Swimmers can get lake access via the public beach at Deep Creek Lake State Park. But the lake is also a natural amusement park, one where you can shoot across the water on jet skis or in an inner tube towed by a motor boat. ![]() Many people visit this 3,900-acre man-made lake seeking serenity, be it by kayak, paddleboard, or boat.
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