A type of insurance that protects businesses from financial losses arising from bodily injury, property damage, or personal injury claims. It’s crucial for short-term rental hosts to have adequate general liability insurance coverage to protect themselves from potential risks associated with hosting.
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Utilizing gypsum-based materials like plaster or drywall to create unique decorative accents, adding a touch of elegance and sophistication to the rental.
A percentage-based fee charged by platforms like Airbnb and VRBO to hosts for each booking facilitated through their platform.
Strategies and techniques used to maximize revenue from short-term rental properties, including pricing optimization and occupancy management.
Allowable expenses that can be deducted from rental income to reduce tax liability for short-term rental owners.