Risks and rewards of property sharing services

Property sharing services connect travellers looking for short-term accommodation with people willing to rent out all, or part, of their homes.

However, while it may seem as simple as posting a property online and gaining some extra income, the reality is actually much more complex, with a number of considerations that users can unwittingly overlook.

This article highlights the potential pitfalls of using these services and how you can help your customers overcome them.

Topics covered:
• Breaching contractual agreements.
• Licensing and regulations.
• Taxation.
• Insurance considerations.