Generating financial statements and reports on a quarterly basis within QuickBooks to assess the performance of a short-term rental business over a three-month period, aiding in tax preparation and financial planning.
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The practice of strategically setting rental rates, analyzing market demand, and adjusting pricing to maximize occupancy and profitability for short-term rentals.
Tools like Microsoft Excel or Google Sheets used for managing bookings, tracking expenses, and analyzing financial performance of the rental business.
Incorporating design elements and amenities that make short-term rental properties accessible and comfortable for guests with disabilities or mobility challenges.
A one-time charge added to the rental rate to cover the cost of cleaning the property between guest stays.