The original cost of an asset, such as a property, used to calculate capital gains or losses for tax purposes. Important for hosts to track for financial management and tax reporting.
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Specialized software designed to simplify and automate various aspects of short-term rental management, including bookings, guest communication, cleaning, and finances.
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Adhering to all applicable laws, regulations, and ordinances related to short-term rental hosting, including zoning restrictions, licensing requirements, and tax obligations.
Utilizing the Python programming language to automate tasks related to short-term rental management, such as pricing optimization, guest communication, and data analysis.