Ongoing expenses incurred in the operation of a business, regardless of the level of sales or production. For short-term rentals, this includes costs like mortgage payments, utilities, property management fees, and cleaning supplies.
The practice of logging miles driven for business purposes, such as property visits or guest communication, for tax deductions.
Methods of resolving disputes between short-term rental hosts and guests outside of court, such as mediation or arbitration, often facilitated by platforms…
A hypothetical term highlighting the importance of implementing eco-friendly practices in short-term rentals. This includes reducing energy consumption, conserving water, using sustainable…
A process that allows guests to access a property without in-person interaction with the host or property manager. This typically involves using…
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