Local government levies imposed on the assessed value of a short-term rental property, often subject to specific regulations and rates.
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A financial metric calculated by dividing the annual rental income after expenses by the total property investment, indicating the profitability of a…
A large piece of fabric used as bedding for warmth, typically provided in short-term rentals to ensure guest comfort.
The surrounding area of a short-term rental property, including its proximity to attractions, amenities, and transportation. Understanding the neighborhood’s character and appeal…
Temporary price reductions offered to guests as incentives to book, often during low season or to attract last-minute bookings.