Multiple sources of income generated from a short-term rental property, including nightly rates, cleaning fees, extra guest fees, and potential add-on services.
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Collaborating with local businesses, tour operators, and service providers to offer guests exclusive discounts, curated experiences, and enhance their stay.
Tracking and analyzing key financial metrics like occupancy rates, average daily rate, and expenses to evaluate the profitability of a short-term rental…
A reservation made outside of the Airbnb or VRBO platforms, potentially through direct contact with the host or a property manager’s website.
The process of dividing and assigning expenses related to a rental property between personal and business use for tax purposes.