The original cost of an asset, such as a property, used to calculate capital gains or losses for tax purposes. Important for hosts to track for financial management and tax reporting.
You may also like
A one-time charge added to the rental rate to cover the cost of cleaning the property between guest stays.
The crucial responsibility of short-term rental operators to comply with all applicable laws, zoning ordinances, and permitting requirements imposed by their local…
A charge imposed on guests if their utility usage exceeds a predetermined threshold or allowance during their stay.
A feature offered by some short-term rental platforms, like Airbnb, that provides guests with a refund or rebooking assistance if their stay…