Digital tools and platforms designed to streamline various aspects of short-term rental management, including channel management, guest communication, and financial tracking.
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Glossary Term: Financial Tracking
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Utilizing software or services to track income, expenses, and performance metrics specific to short-term rental operations, facilitating financial analysis and tax preparation.
Digital tools and platforms designed to streamline and automate various aspects of short-term rental management, including bookings, communication, and finances.
Managing the financial aspects of short-term rental hosting, including tracking income and expenses, setting pricing strategies, and complying with tax regulations.
The process of tracking and analyzing income generated from short-term rentals, factoring in occupancy rates, average daily rates, and expenses.
A comprehensive record of all expenses incurred in a year related to a short-term rental property, including mortgage payments, utilities, maintenance, and supplies.