Formal records of the financial activities of a business, including the income statement, balance sheet, and cash flow statement. These statements are crucial for understanding the financial health and profitability of a short-term rental business.
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The original cost of an asset, such as a property, used to calculate capital gains or losses for tax purposes. Important for…
The group of European countries using the Euro as their currency, relevant for hosts and guests navigating currency exchange and potential fluctuations…
A marketing approach focusing on promoting the experiences and attractions surrounding a short-term rental property, enhancing guest value.
A portable device providing internet access for guests, often offered as an amenity in short-term rentals.