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Updated over 5 years ago on . Most recent reply
Accounting Software for STRs?
I am about to buy my second AirBNB property and want to keep my expenses in line a bit more.
Does anyone have any experience with short term rentals accounting on one of the following softwares:
Quickbooks Self Employed
Quickbooks Simple Start
Xero
Would love some advice!
Most Popular Reply
#4 Short-Term & Vacation Rental Discussions Contributor
- Investor
- The worst town to live in, KS
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#4 Short-Term & Vacation Rental Discussions Contributor
- Investor
- The worst town to live in, KS
Good God man, it's not that complicated. You don't need fancy/schmancy software to do your accounting for your 2nd STR. I've got 23 STRs in my town with 83 beds. I rent them to refinery contractors. Big burly guys with neck tats that drive jacked up 4x4s. They chew tobacco in their sleep and smell like diesel fuel.
My cleaning lady does my accounting on Excel (Business major with a 4.0 in college). She cleans my houses for free and I get to sleep with her.