AirBnB & Rental Properties
The booming rental industry has allowed many individuals to expand their investments and purchase rental properties. Whether it is a short term rental (AirBnB or Vrbo) or a longer term rental home, this type of activity has specific bookkeeping and tax considerations that we can help with. In addition, there are many considerations when accounting for these properties that many taxpayers are unaware of; we have developed several tracking tools to ensure compliance with these regulations and ease the process for property owners/managers. We can help you understand the rental business books, and manage your financials so that you have time to enjoy your investment and be ahead of the game at tax time.
We offer:
- Bookkeeping software selection, installation, customization, and training for individuals & small businesses with rental property or property management companies
- Monthly, quarterly or annual bookkeeping services for rental properties and companies, including reconciliations, accounts payable and accounts receivable support
- Financial report preparation, including assistance in understanding your reports
- Chart of Accounts design for better expense management
- Cash flow forecasting
- Mobile bookkeeping functionality
- Benchmarking to the rental industry
- And more depending on your specific property and financial needs
Complimentary Consult
While you help others feel better, we help you feel better about your numbers. Please give us a call or email us to schedule a free consultation to discuss your rental property/management business bookkeeping needs.