The process of reporting income and expenses related to a short-term rental property on annual tax returns, complying with relevant tax regulations.
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Regularly updating and replacing furniture and decor to maintain a fresh and inviting atmosphere for guests and prevent wear and tear.
Regularly surveying the pricing strategies of comparable short-term rental properties in the same market area on a weekly basis to stay informed…
Refers to emerging trends and innovations in transportation that impact how guests reach and experience short-term rentals, like electric vehicles and ride-sharing.
Laws and ordinances governing short-term rentals, varying by location, that address issues like permits, taxes, and occupancy limits.