Laws and regulations designed to prevent the concealment of illegally obtained funds, which may apply to short-term rental income and require hosts to verify guest identities and transaction details.
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The ability of different software systems used for short-term rental management, such as channel managers and accounting software, to communicate and share…
Implementing safety measures and screening processes to verify guest identities, review guest reviews, and mitigate potential risks associated with hosting strangers.
The mathematical formula used to determine the dwell ratio, dividing the average property purchase price by the average annual rental income.
A community-based program where residents look out for each other’s properties and report any suspicious activity, enhancing security for short-term rentals.