Expenses associated with owning a short-term rental property, encompassing mortgage payments, property taxes, insurance premiums, utilities, maintenance, and potential HOA fees.
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The proactive monitoring, analysis, and response to guest reviews across various platforms to improve reputation, build trust, and attract future bookings.
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 revenue generated from short-term rental bookings before deducting any expenses such as cleaning fees, platform fees, or management fees.
The practice of allocating a portion of short-term rental profits back into the business, such as property improvements, marketing, or guest experience…