A strategy where an individual rents a property long-term and then sublets it on short-term rental platforms for a profit.
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Securing a reservation directly through a host’s website or personal channels, bypassing third-party platforms like Airbnb or VRBO, potentially saving on fees.
A refundable amount collected from guests before their stay to cover potential damages or violations of house rules.
Strategies for minimizing tax liabilities associated with short-term rental income. This can involve deducting eligible expenses, taking advantage of depreciation deductions, and…
Additional services offered to guests for an extra fee, such as grocery delivery, in-room dining, or laundry services.