The fluctuation in income that short-term rental hosts may experience due to factors like seasonality, demand, and competition.
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Rental income that is not subject to certain taxes, often due to specific legal provisions or exemptions related to short-term rentals.
The increasing importance of incorporating sustainable practices into short-term rental operations, such as using eco-friendly products and minimizing environmental impact.
The process by which platforms like Airbnb and VRBO enforce consequences for violations of their terms of service, such as unauthorized parties…
A financial statement that summarizes the revenues, costs, and expenses incurred during a specific period of time for a short-term rental business.