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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Local regulations that set limits on noise levels at certain times of day, often impacting short-term rentals.
A strategy where hosts purchase or rent properties in areas with lower property prices but high short-term rental demand, aiming to maximize…
The unique retail offerings and atmosphere of Olde Mistick Village in Mystic, Connecticut, attracting tourists and influencing short-term rental demand in the…
A broader term encompassing various forms of renting out one’s primary residence or a portion of it for short periods, often facilitated…