A feature on platforms like Airbnb and VRBO that allows guests to book a short-term rental instantly without needing host approval.
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Income generated from renting out a property on a short-term basis through platforms like Airbnb or VRBO.
Ensuring adherence to local regulations and timely payment of occupancy taxes, avoiding potential legal issues.
Refers to a traditional business with a physical location, as opposed to an online-only business. In the context of short-term rentals, it…
Understanding and complying with local laws, taxes, and regulations governing short-term rentals in your specific city or region.