The process of identifying potential risks associated with short-term rental operations (e.g., property damage, liability claims, legal disputes) and implementing strategies to mitigate those risks.
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A potential tax deduction for homeowners who rent out their property, allowing them to deduct mortgage interest paid on the portion of…
In the context of short-term rentals, this refers to the percentage of guests who do not return for a repeat booking within…
The percentage of bookings that are canceled by either the host or the guest within a specific timeframe.
A designated savings account where a portion of rental income is set aside to cover future property maintenance and repair expenses.