A potential tax deduction available to homeowners who rent out their property, allowing them to deduct mortgage interest paid on their taxes.
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A term for a host passionate about providing exceptional hospitality and creating memorable experiences for their guests.
The process of forecasting income and expenses for a short-term rental business, ensuring profitability and financial sustainability.
Exploring multiple avenues for generating income from short-term rentals, such as offering additional services, experiences, or partnering with local businesses.
A metric that measures the percentage of time a vacation rental property is booked over a specific period, indicating its occupancy performance.