Strategies and techniques used by short-term rental hosts to maximize rental income by optimizing pricing, occupancy rates, and booking channels, often utilizing dynamic pricing algorithms and market analysis.
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Allowable expenses that can be deducted from rental income to reduce tax liability for short-term rental owners.
Regular assessments, conducted every three months, of key performance indicators like occupancy rates, booking trends, and revenue to inform business decisions.
A designated parking spot specifically reserved for guests staying at a short-term rental property, providing convenience and peace of mind.
A documented procedure outlining how guest complaints, issues, or emergencies are handled and escalated within a short-term rental business.