A measure of the profitability of a rental property, calculated by dividing the annual net income by the total investment and expressing the result as a percentage.
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A high-end short-term rental property that offers premium amenities, services, and furnishings.
Fulfilling tax obligations related to income generated from short-term rental activities, including occupancy taxes and income tax reporting.
Replies made by hosts to guest reviews, addressing feedback, expressing gratitude, or clarifying any misunderstandings.
The steps and procedures involved in a guest checking out of a short-term rental, including checkout instructions, key return, and cleaning arrangements.