Costs associated with a short-term rental that can be avoided or reduced when the property is not rented, such as cleaning fees, guest supplies, and booking platform fees.
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The total revenue generated from short-term rental bookings before deducting any expenses such as cleaning fees, platform commissions, or management fees.
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The profit earned from a short-term rental property after deducting all expenses, including mortgage payments, property taxes, utilities, cleaning fees, and platform…