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Understanding Occupancy Cost in Short-Term Rentals

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Management and platform fees If you use property management services or list your property on platforms like Airbnb, Vrbo, or Booking.com, expect to pay fees or commissions. Licensing and Local Taxes Many localities require special permits or certificates of occupancy for commercial real estate properties.

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US Short-Term Rental Tax FAQs

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Moreover, managing STR properties through a business entity "allows us to do some tax planning." Jeff says that their first and primary recommendation for real estate property owners is to form an LLC, and sometimes, they recommend a land trust. How to prepare your property for short-term rental. Sign up now!