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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The concept of aligning guest preferences and property attributes for optimal guest satisfaction and positive reviews.
A legally binding contract between the host and guest outlining the terms and conditions of the short-term rental arrangement, including rental duration,…
A strategy where hosts purchase or rent properties in areas with lower property prices but high short-term rental demand, aiming to maximize…
Dates on which a short-term rental property is fully booked and unavailable for reservations.