Payments made for short-term rental bookings where the guest’s bank and the host’s bank are located in different countries, often involving currency exchange and international transaction fees.
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Maintaining a system for monitoring sent quotes, their expiration dates, and follow-ups with potential guests to convert inquiries into bookings.
A budgeting method where all expenses are justified for each new period, starting from a
Adherence to all applicable laws, regulations, and tax requirements related to operating short-term rentals, including licensing, permits, and income reporting.
Specialized insurance coverage designed to protect short-term rental hosts from liabilities and property damage that may occur during a guest’s stay.