A tax transparency framework requiring multinational enterprises to report financial and operational information for each tax jurisdiction in which they operate. While not directly applicable to individual short-term rental hosts, it highlights the increasing global focus on tax transparency and data sharing, potentially impacting platforms like Airbnb and VRBO in the future.
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In the context of short-term rentals, this refers to periods when a property is vacant and not generating revenue between bookings.
A major options exchange. While not directly relevant to short-term rentals, it serves as a reminder of the importance of understanding market…
Processes for vetting potential guests to minimize risks, such as verifying identities, checking reviews, and setting house rules.
Short-term rentals that are fully furnished and equipped, offering a convenient and move-in-ready solution for guests.