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Updated 5 months ago on . Most recent reply

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Ronit Lodd
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4
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Best Accounting Software for STRs with Multiple LLCs?

Ronit Lodd
Posted

Hi everyone,

Anyone have any recommendations for an accounting software that can handle multiple properties across multiple LLCsfor short term rentals? I'd want it to be able to generate P&Ls and Balance sheets for separate properties, and be able to accommodate multiple LLCs on one login. 

I have a few short term rentals across the United States which are in multiple different LLCs. I currently use Quickbooks for accounting but can get tricky when having multiple entities for tax purposes. I don't want to use the classes/locations as it's not exactly good for tax filing on multiple LLCs. 

I've heard of Stessa, AppFolio, Buildium, etc. but a lot of them feel tailored towards LTRs and rent collection.

Thank you in advance.

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