A calculation of profitability that factors in all revenue and expenses associated with a short-term rental property, including mortgage payments, utilities, cleaning fees, and platform fees, providing a more accurate picture of the investment’s financial performance.
A legally binding agreement between a vacation rental property owner and a guest outlining the terms and conditions of the rental agreement.
Equipment or modifications that enhance accessibility for guests with disabilities, such as ramps, grab bars, or visual fire alarms.
A period of time blocked off between guest bookings to allow for cleaning, maintenance, or to prevent back-to-back bookings.
This Swedish term refers to ‘service year deduction,’ a tax deduction related to the number of years worked. While specific tax rules…
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