A charge imposed by platforms like Airbnb and VRBO to guests or hosts (or both) to cover the cost of using their platform and services.
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The process of extending a short-term rental agreement for an additional period, often subject to renegotiated terms.
A potential tax deduction available to homeowners who rent out their property, allowing them to deduct mortgage interest paid on their taxes.
Favorable feedback from previous guests, displayed on short-term rental platforms, influencing the booking decisions of potential future guests.