Staying in short-term rentals is so common that many companies allow employees to expense their stays just like a hotel room. Over the last 10 years, the use of shared economy brands like VRBO, HomeAway and Airbnb has exploded. Anything under six months is generally considered a short-term rental. Because short-term rentals are most often used by people on vacation, stays might vary from a few nights to several weeks some are leased for as long as a month. Understanding short-term rentals Many people who own a second home or vacation property generate income by renting out their home when they’re away. Short-term rentals are also commonly known as vacation rentals and are considered an alternative to a hotel. Published Date: MaA short-term rental is a furnished living space available for short periods of time, from a few days to weeks on end.
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