The Costs Of Running A Vacation Rental (With Real Numbers)

We’ve gotten hundreds of questions about the financial side of running an Airbnb or other short term vacation rental. Specifically: “can you detail the expenses and fees that take a bite out of the profit? Are there hidden costs? How exactly do rental taxes work? Insurance?! ACK!“

Whether the person asking us was considering doing one themselves, or just plain curious (talking about money = interested face emoji), we’re laying it all out in the hope that it demystifies it a little bit, and is helpful to anyone who might be on the fence about whether or not this is a viable side hustle. We actually really enjoyed learning the ins & outs of this stuff – so it’s fun to share what we learned.

Obviously there are expenses like actually purchasing, renovating, and furnishing a home that you’ll be using as a vacation rental.

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