Refers to a situation where the number of short-term rental listings in a specific market becomes excessively high, potentially leading to increased competition and downward pressure on rental rates.
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Establishing partnerships with local businesses and service providers that can fulfill common guest requests, enhancing the guest experience and generating additional revenue…
Tools within QuickBooks that allow short-term rental hosts to track mileage for business purposes, aiding in accurate expense reporting and tax deductions.
The total income generated from short-term rental bookings, including nightly rates, cleaning fees, extra guest charges, and other potential revenue streams, minus…
A legal entity designed to hold ownership of a vacation rental property, offering potential liability protection and tax advantages to the owner.