A legally binding contract outlining the responsibilities and obligations of both the property owner and the property manager.
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The process of compiling income and expenses related to short-term rental activities for accurate tax filing, often involving specific forms and deductions.
A metric that rates the ease of walking to amenities and attractions from a rental property’s location.
Offering discounted rates or special offers to attract bookings, especially during low season or for last-minute reservations.
A cleaning approach where deep cleaning and maintenance tasks are scheduled periodically, often between guest stays, to ensure property upkeep.