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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Adhering to the rules and regulations set by a homeowner’s association (HOA) when listing and managing a short-term rental property.
Having plans and resources in place to handle unexpected situations that may arise during a guest’s stay, such as medical emergencies, natural…
A pricing strategy where the price of a short-term rental approaches a certain level as the booking date gets closer. This strategy…
An individual who travels and stays in accommodations alone, often seeking unique experiences and personal growth.