Purchasing and operating short-term rental properties in locations different from the investor’s primary residence.
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Strategies for maximizing occupancy and revenue by adjusting minimum and maximum stay lengths based on demand patterns and seasonal trends.
Fulfilling tax obligations related to income generated from short-term rental activities, including occupancy taxes and income tax reporting.
The awareness and respect for different cultural norms, values, and practices when hosting guests from diverse backgrounds in a short-term rental setting.