Expenses incurred in attracting and securing bookings from guests, including marketing, platform fees, and photography.
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An initial payment made when purchasing an investment property for short-term rentals, typically a percentage of the total purchase price.
A common bed size in short-term rentals, typically measuring 60 inches wide by 80 inches long, suitable for couples or individual guests.
In the context of short-term rentals, this refers to periods when a property is vacant and not generating revenue between bookings.
Adhering to all applicable local laws, regulations, and tax requirements related to short-term rentals.