Joining the rental platform has its requirements, including creating an account and converting your corner into a mini-hotel. We have a very comprehensive article on this topic on our blog. You can read it here: www.lodgify.com/blog/es/declarar-ingresos-airbnb/. Airbnb expects nothing more from hosts than to meet the requirements mentioned in the previous section. If this is filled, avoid future problems with guests and the platform. What is expected of hosts, you can read in more detail in this link. If you don`t have commercial liability insurance for your business, you can be sued for damages for a number of things that may happen during your tenants` stays. An example may be that a tenant stumbles upon something that was loose in the apartment and sues you for damages for negligence. In addition, it is possible that if you use a platform to rent your property, the platform will have specific requirements in terms of insurance coverage that you must offer on the platform. Failure to comply with these requirements may result in the impossibility of advertising on the platform. You can read in detail about the requirements for Airbnb hosting in our Airbnb Host Guide. However, we will tell you in summary what is most important: In addition, Airbnb`s head of global public policy said that “the home-sharing system helps spread the benefits of tourism; This includes allowing Puerto Rican families to earn extra money by renting out their homes. We are excited to work with the Government of Puerto Rico on this agreement, which will bring new revenue to the island.

Let`s go to Puerto Rico! In this article, we`ll explain in detail how Airbnb works and the requirements you need to advertise your property. We`ll also give you some tips you can put into practice (and mistakes to avoid) to get the most out of your vacation rental and multiply your bookings! Short-term rental insurance covers your liability as a landlord, which may result from your rental activities. There can be many things that can lead to the landlord being sued, and in general, short-term rental insurance covers them. For example, if a tenant falls and suffers an injury in the property, they can sue the landlord, in which case short-term rental insurance covers the associated legal fees. If some tenants behave loudly and damage a neighbor`s property or if a problem arises with the association of residents of the urbanization or condominium, the insurance policy will protect you in case of liability. The requirements of this short-term rental company include registration on the website. To do this, they must provide their full name, email address, and date of birth. Then they must enter the type of property and then the services available to guests© (entire accommodation, private room or common room). Therefore, more details such as the number of rooms, available beds as well as the address of the accommodation will be added. In ±, you can get the equivalent of a base salary and San Juan is among the top 10 most sought-after destinations on the platform, below Kyoto in Japan and above Margaret River in Australia.

Here are some basic tips to keep in mind to make you a good host! To advertise, you need to create your own profile. It`s very simple, Airbnb will accompany you throughout the process, so you will add the necessary information (what type of house you want to advertise, how many guests you can accommodate, the services you offer…). Then show them a picture of your rent that dazzles them. Many potential customers are simply attracted to a good photo, so be sure to show the best angle of your vacation rental. But don`t overdo it either! Always keep expectations and create an impressive but also realistic first impression. In summary, it can be said that in this case it is decided that, although the condominium regulation does not expressly prohibit short-term rentals, rentals through Airbnb are considered “hospitality” for both commercial and non-residential purposes and, therefore, the residential purpose contained in the parenting act is violated. To date, Airbnb has signed more than 275 similar agreements and transferred more than $240 million in relevant taxes to states and municipalities around the world. Under this tax agreement, Airbnb charges Puerto Rico 7% on behalf of the hosts and sends the product to the Puerto Rico Tourism Company.

This will ensure better host compliance and reduce the administrative burden on the island. Amenities depend on what you decide (free use of utilities and air conditioning, Wi-Fi, and cable TV is practically basic), but the more the better. There are those who even leave beer in the fridge and never look bad in the eyes of a tourist, and if your home has spectacular views, has good places to visit in the area or is close to attractions©, you can ask for a better price. SÃ, you set the price, but be aware that Airbnb makes suggestions based on the location and quality of the facilities, as well as reviews from users who have stayed in similar places. Airbnb has more than 4,300 hosts and 7,100 listings in Puerto Rico. From June 1, 2016 to June 1, 2017, Airbnb welcomed more than 250,000 guests, up 83% from the previous year. As already mentioned, they advise 24 hours a day in case the hosts have any doubts. The price and availability of dates are also set© by the host. A home in Puerto Rico can fluctuate at its maximum price at a rent of $160 per night, but it usually hovers around $50 to $90. Each host has their own rules – like smoking, no pets, no parties, etc.

– and each tenant should read the fine print before making a reservation. If you rent through the AirBnb platform, you should know that AirBnb automatically offers a $1 million liability policy for rentals made through the platform. If you only have one property that you rent and rent exclusively through AirBnb, this coverage is probably enough for your needs. Therefore, it should be borne in mind that the number of opinions taken into account in the profile will affect the occupancy rate of your home. We must not forget that positive Airbnb reviews are the basis of a good listing, and you can get them by meeting the expectations of your guests. Vacation home owners can get rid of the middleman and rely less and less on large websites such as Vrbo or Booking.com, become more independent and diversify their businesses. With the right mindset, tools and knowledge, you can stay in control and generate your own bookings to earn more! On Airbnb, you always have a small space to write something about your property. In this section, you can explain to guests how amazing and convenient your hosting is. Properties in the city center tend to be more appealing to travelers, but if your home is a bit far away, you can highlight how close it is to public transportation, a department store, or a nice neighborhood full of cafes. If you manage to get high average reviews, Airbnb will take this into account and improve your positioning in the platform`s search results. Similarly, puerto Rico`s Department of Finance has additional registration, licensing, and tax requirements that you should consider, including licensing requirements to perform certain activities or sell certain products.