The profit earned from a short-term rental property after deducting all expenses, including mortgage payments, property taxes, utilities, cleaning fees, and platform fees.
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The approach and methods used by a property manager or host in overseeing and operating a short-term rental business.
A 12-month period used for financial reporting and tax purposes, which may not necessarily align with the calendar year. Important for hosts…
The process of compiling and analyzing financial data, including income, expenses, and taxes, related to short-term rental operations for the year.
Adhering to all applicable local laws, regulations, and tax requirements related to short-term rentals.