The profit from buying something in one market and selling it in another. Arbitrage is the simultaneous purchase and sale of the same asset in different markets in order to profit from a difference in its price.Airbnb rental arbitrage is the act of renting a property longterm and then rerenting it shortterm on vacation rental sites like Airbnb or Vrbo. We have been preparing special calculations for governmental entities since 1992 and have extensive experience and training in the area of arbitrage rebate tax. Arbitrage is when an asset (stocks, currencies, etc.) is bought in one market and sold in another for a higher price. The California Debt and Investment Advisory Commission (CDIAC) provides information, education, and technical assistance on debt issuance and public. Steve Nielsen of the Sacramento Municipal Utility District has stated that the definition of "construction expenditure" in the proposed arbitrage regulations