The original cost of an asset, such as a property, used to calculate capital gains or losses for tax purposes. Important for hosts to track for financial management and tax reporting.
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The estimated worth of a short-term rental property based on factors such as location, size, condition, amenities, and rental income potential.
A unit of measurement for wind speed, relevant for vacation rentals in coastal or mountainous regions where windsurfing, kitesurfing, or sailing are…
Managing guest communications across multiple platforms, such as Airbnb, VRBO, and direct bookings, using tools that centralize messaging for efficiency.
The process of tracking income and expenses, and generating financial statements to monitor the profitability of your short-term rental business.