banner-post.jpg

Get in touch with UpperKey today to learn how much your property is worth in guaranteed monthly rent

Best Practices for Airbnb Hosts by UpperKey


 

How Do Taxes and Airbnb Work?







If you rent a property on Airbnb, you will be subject to an Airbnb tax regime. Income received must imperatively be declared to the tax authorities. There are different options available to you with a different tax regime in relation to your income. For more information, do not hesitate to visit the governmental website. Declaration of Airbnb income is made at the time of the income tax return, i.e. in the spring and every year.


The taxman will apply a 50% deduction to the charges and expenses incurred on the seasonal rental. Some fees are tax-free. Not declaring your Airbnb income will result in sanctions. If it is an oversight on your part, you can inform the tax authorities at any time. Upperkey offers a turnkey service, which means that you can delegate the entire management of your seasonal rental property to an Airbnb concierge.



 

Enroll in Airbnb Plus. A comprehensive Airbnb host's guide





Airbnb has introduced a new program, Airbnb Plus, to assist guests feel more at ease. It works with hosts who advertise residences in cities, the countryside, and everything in between. iRenting and Proptech become more and more popular ways to rent out or locate a place to stay in. AirBnB Plus listings are anticipated to offer more information and more images of the home. There is no application process to join Airbnb Plus.


A specific set of amenities and a star rating of no less than 4.8 are two requirements that your resort must meet. Once you accept an Airbnb invitation, you must accept a set of agreements and sign up for the Plus program. You will be guided through each step you must take to ensure that your house is approved for Plus. The inspection, report, and photoshoot are all included in the Plus price. AirBnB's Airbnb Plus is accessible in more than 100 locations worldwide, primarily in major cities.


There are no unique prerequisites for visitors to use Airbnb Plus. Most of the time, bookings by guests don't result in extra income for Airbnb Plus hosts. With a Plus badge, you can boost your pricing for top-notch Airbnb properties. Guests are more likely to choose a Plus property over a regular one for an exceptional experience. It is possible to join Plus without being a Superhost or to become a SuperHost without joining Airbnb Plus.



 

Inventory management for an Airbnb








The Airbnb system, developed in the United States, rents one's property online for a period (short or long) Each tenant is given a list of all the equipment and how it is kept. Together, you will tour the property for a check-in. Identify any damage (breakage, scratches, burns, etc.) and make a new inventory of the furniture and fittings. Don't forget that the furniture has an impact on the price - the more comfortable it is, the more likely it is to raise prices. As an Airbnb host, it is a guarantee against theft and an insurance in case of damage.


There are strict rules to follow, especially if you are in cities with more than 200,000 inhabitants. It may be best to opt for standard tenancy agreements, which are binding on both parties.



 

The Airbnb Calendar: Everything You Need to Know







The Airbnb calendar will help you organise your avaliability. It is also a very practical feature to save time, because you don't have to cancel stays when they are not available. So, this is an absolutely essential step if you want to achieve "Super Host" status. The Airbnb my account my calendar part is very easy to set up once you have made the connection between the two calendars. From now on, you won't have to go into your Airbnb account settings or worry about your personal calendar.


Upperkey Concierge will update the information directly to your preferences. If you manage multiple properties on the Airbnb.fr platform, you may want to block an availability when the reservation is automatically made on one of your accommodations. Upperkey professional concierge service can manage the associated Airbnb calendars for you.



 

The price you should set for your AirBNB property








AirBnB is quickly becoming more popular than hotels with many travellers. Airbnb hosting is a great way to earn extra income or start your own business. Knowing how much to charge is key to knowing how much you should charge for renting out an entire property. How much should I charge per night? Then work out how much you should charge based on the average number of days per month.


Cleaning fees can be added as an additional expense to guests separate from the nightly rate. How long you have been listing your property on Airbnb will also determine how much you should charge as a nightly rate. The more positive guest experiences at your Airbnb property, the more you can charge in the long run - especially if you become a 'Super Host'. AirBnB listing prices can change a lot depending on the peak or off-peak seasons. Figuring out the expected occupancy rate can be an ideal way to help you gather important data that you can use to determine how much you should charge per night.


To run a successful Airbnb listing, it's first important to ensure that you determine the right price. There are various online tools that you can use to see the occupancy rates of Airbnb properties, which you can then compare to how much the price per night is.



 

How to Sign Up for Airbnb








AirBnB is an online marketplace designed to connect short-term rental hosts with travellers. Hosts can list their property or the space that they have available to rent out in their home. Read this guide from UpperKey on how to get started and register as a host. Before registering with Airbnb, you need to understand local rules and regulations. The more money you spend preparing your property to be run as an Airbnb, the more you may be able to charge for bookings.


Costs of running an Airbnb range from start-up to ongoing running costs. UpperKey reminds Airbnb owners to consider the costs of utility bills, council tax on the property, TV licence, broadband, and parking fees. They can also take care of cleaning the property and laundering bedding, towels, and other furnishings between guests. Registering on Airbnb is a simple, free, and easy process. All you need to do is download the mobile app or go to the Airbnb website.


You can register with your email, telephone number, Apple ID, or through social media. Create a listing for free using an Airbnb account. If you are looking to rent out a room or a whole house on Airbnb, there are several steps to follow. Use the map below to help you create your listing and get started with renting an Airbnb property in London's exclusive Belgravia district for under £20 a night.


 

How to Use Airbnb to Rent Your Apartment