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Updated about 5 years ago on . Most recent reply
bookkeeping service for short-term rentals
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Hi @Akash Y. , I think the big question is are you looking for tracking expenses and income on a per unit basis or just for overall taxes? I see you are from BC so I don't even know what taxes look like there but if you are just looking for a flat, easy expense tracker that you can export at then end of the year, for one, I suggest you run your STR money out of a dedicated checking account. Then, I like to use Mint or Hurdlr (both free) to track my transactions (currently using Hurdlr) which connects to your account (mobile app only available) and every time you get a transaction it pops up a little alert to categorize it and keeps track of your true cash flow throughout the year. You can even break Hurdlr out into different sub accounts (different properties) I believe which can help you evaluate expense from a per property bases as well.
Good luck to you on you search!
Cheers!
~Jon