The buzz surrounding “short-term rentals” has been ever increasing over the past year thanks, in part, to websites such as Airbnb, Homeaway.com or VRBO.com. Websites such as these provide a platform for condo owners to rent their units on a short-term basis (sometimes as short as one or two nights). The ease with which they bring landlords and tenants together, coupled with their high profit margins, has driven their popularity. Read the article……….
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Dear Tony: As a follow up to last week’s column on depreciation reports, our management…