Heading out of town this summer? Why let your home sit empty when it could be earning you extra cash? Short-term and medium-term (1-3 months) rentals are more popular than ever, and with platforms like Airbnb, Vrbo, and Booking.com, turning your home into a vacation stay is easier than you might think. Check out what homes in your neighborhood are earning per night—you might be surprised.
Think of it as a summer side hustle with no commute. While you’re off on vacation, guests could be enjoying your guest room or backyard oasis. Whether you’re gone for a weekend or a few weeks, short-term renting gives you flexibility and some extra income.
There’s even a little-known tax benefit: if you rent your primary residence for 14 days or fewer per year, that income can be completely tax-free under the Augusta Rule. It’s a simple way to earn without adding to your tax bill. Here’s a quick explainer on how it works.
Setting up is simple. Good photos, a friendly description, and a few personal touches (like fresh sheets and a guide to your favorite spots) go a long way. These platforms also handle bookings, payments, and insurance.
Worried about logistics? Many hosts use local cleaners or co-hosts to help manage things while they’re away. Let your home do some work while you’re relaxing—you might come back with great memories and extra money in your pocket. Let us know if you’d like an introduction to a co-host.