The legal responsibility of vacation rental owners to collect and remit taxes related to their rental income, such as lodging taxes and sales taxes.
You may also like
A set of clearly defined rules and expectations for guests staying at a short-term rental property. These rules typically cover things like…
The practice of maintaining consistent pricing for vacation rentals across all online travel booking channels (OTAs) like Airbnb, VRBO, and Booking.com.
In the context of short-term rentals, this refers to periods when a property is vacant and not generating revenue between bookings.
Tools within QuickBooks that allow short-term rental hosts to track mileage for business purposes, aiding in accurate expense reporting and tax deductions.