Allowable expenses that can be deducted from rental income to reduce tax liability for short-term rental owners.
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Tax Deductions
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The practice of leveraging underutilized assets, such as a spare room or an entire property, to generate income through short-term rentals.
Processes for vetting potential guests to minimize risks, such as verifying identities, checking reviews, and setting house rules.
Specific dates on the booking calendar when a short-term rental property is unavailable for reservation, often due to owner use or maintenance.
A desirable feature for short-term rentals located near national parks, offering guests convenient access to outdoor recreation and natural attractions.