Formal records of the financial activities of a business, including the income statement, balance sheet, and cash flow statement. These statements are crucial for understanding the financial health and profitability of a short-term rental business.
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Local regulations that limit noise levels in residential areas, often impacting short-term rentals and requiring hosts to implement noise mitigation strategies.
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The percentage of time a short-term rental property is booked over a specific period, indicating the property’s performance and revenue potential.
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