The normal deterioration or damage that occurs to a property over time due to regular use, often accounted for in security deposits and cleaning fees.
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Connecting a short-term rental management software or platform with QuickBooks accounting software to automate financial transactions, track expenses, and simplify bookkeeping.
A key performance indicator (KPI) in the hospitality industry, calculated by dividing the total revenue generated from bookings by the number of…
Allowable expenses that can be deducted from rental income to reduce tax liability for short-term rental owners.
A set of standardized procedures for cleaning and sanitizing a short-term rental property between guest stays to ensure hygiene and guest safety.