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Vacation Rental Accounting & Bookkeeping (VRBO): A Comprehensive Guide

An in-depth discussion about vacation rental accounting and bookkeeping using popular accounting software, QuickBooks. Accordingly, we provide chart of account templates, show how to properly classify transactions, discuss financial reporting, vacation rental taxes and overview how to automate vacation rental bookkeeping. We link to various business models, including property managers, property owners, co-hosts and arbitrage operators.

Vrbo Trust Accounting for Property Managers using QuickBooks

A QuickBooks guide to automate accounting for Vrbo property managers who use a trust account to collect funds from Vrbo on behalf of property owners. This guide is a comprehensive method of accounting for those who need to follow thorough accounting guidelines due to state or local requirements around trust accounts.

Vrbo Property Management Accounting using QuickBooks

A method of accounting for those using QuickBooks in Vrbo property management who do not use a trust account. Rather than using a trust account, all funds are directly collected from Vrbo and declared as income by the property management company. From there, a portion is paid out to owners as a direct cost.

Vrbo Co-Host: An Accounting Guide for QuickBooks

A guide for Vrbo Co-Host accounting and automation in QuickBooks for those Co-Hosts who receive their revenue from the property owner. Chart of accounts and example monthly owner statements included.

Vrbo Arbitrage: An Accounting Guide for QuickBooks

An accounting guide for those operating Vrbo Arbitrage listings using QuickBooks. This is a business model where an operator rents a property from an owner on a master lease and subleases said property to guests on Vrbo.

Vrbo Investment Property: A QuickBooks Accounting Guide

An accounting guide for those who own Vrbo investment properties and use QuickBooks. This is a business model where an operator purchases one or more properties and offers them on Vrbo for the purpose of building equity much faster than a traditional rental business.

Vrbo 1099-K IRS Tax Filings for Hosts

If you manage or own a property on Vrbo, you can get burned at tax time if you’re not careful with how you interpret Vrbo’s 1099-K. The topic of this article is about the numbers Vrbo reports to the IRS in their 1099-K for each Host, these numbers are higher than what is actually paid out.

Vrbo Costs and Chart of Accounts to Consider

In this article, we discuss Vrbo Costs throughout several business models and have compiled a list of the most common costs involved in operating a Vrbo business. We present here a chart of accounts, which you can use to set up QuickBooks or Xero for your Vrbo and Vacation Rental organization.

Airbnb Accounting & Bookkeeping: A Comprehensive Guide

An in-depth discussion about Airbnb accounting and bookkeeping using popular accounting software, QuickBooks Online & Xero. Accordingly, we provide chart of account templates, show how to properly classify transactions, discuss financial reporting, Airbnb taxes and overview how to automate Airbnb bookkeeping. We link to various business models, including property managers, property owners, co-hosts and arbitrage operators.

Airbnb Property Management Accounting using Xero

A method of accounting for those using Xero in Airbnb property management who do not use a trust account. Rather than using a trust account, all funds are directly collected from Airbnb and declared as income by the property management company. From there, a portion is paid out to owners as a direct cost.

Airbnb Trust Accounting for Property Managers using Xero

A Xero guide to automate accounting for Airbnb property managers who use a trust account to collect funds from Airbnb on behalf of property owners. This guide is a comprehensive method of accounting for those who need to follow thorough accounting guidelines due to state or local requirements around trust accounts.

Airbnb Co-Host: An Accounting Guide for Xero

A guide for Airbnb Co-Host accounting and automation in Xero for those Co-Hosts who receive their revenue from the property owner. Chart of accounts and example monthly owner statements included.

Airbnb Arbitrage: An Accounting Guide for Xero

An accounting guide for those operating Airbnb Arbitrage listings using Xero. This is a business model where an operator rents a property from an owner on a master lease and subleases said property to guests on Airbnb.

Airbnb Investing: An Accounting Guide for Xero

An accounting guide for those who own Airbnb investment properties and use Xero. This is a business model where an operator purchases one or more properties and offers them on Airbnb for the purpose of building equity much faster than a traditional rental business.

Airbnb Property Management Accounting using QuickBooks

A method of accounting for those using QuickBooks in Airbnb property management who do not use a trust account. Rather than using a trust account, all funds are directly collected from Airbnb and declared as income by the property management company. From there, a portion is paid out to owners as a direct cost.

Airbnb Trust Accounting for Property Managers using QuickBooks

A QuickBooks guide to automate accounting for Airbnb property managers who use a trust account to collect funds from Airbnb on behalf of property owners. This guide is a comprehensive method of accounting for those who need to follow thorough accounting guidelines due to state or local requirements around trust accounts.

Airbnb Co-Host: An Accounting Guide for QuickBooks

A guide for Airbnb Co-Host accounting and automation in QuickBooks for those Co-Hosts who receive their revenue from the property owner. Chart of accounts and example monthly owner statements included.

Airbnb Arbitrage: An Accounting Guide for QuickBooks

An accounting guide for those operating Airbnb Arbitrage listings using QuickBooks. This is a business model where an operator rents a property from an owner on a master lease and subleases said property to guests on Airbnb.

Airbnb Investment Property: A QuickBooks Accounting Guide

An accounting guide for those who own Airbnb investment properties and use QuickBooks. This is a business model where an operator purchases one or more properties and offers them on Airbnb for the purpose of building equity much faster than a traditional rental business.

Airbnb Costs and Chart of Accounts to Consider

In this article, we discuss Airbnb costs throughout several business models and have compiled a list of the most common costs involved in operating an Airbnb business. We present here a chart of accounts, which you can use to set up QuickBooks or Xero for your Airbnb and short-term rental organization.

Airbnb’s Move Towards Host-Only Fees and How This Affects Hosts

For Airbnb hosts and property managers who use property management software and host Airbnb listings mostly outside of the US, Airbnb is moving away from the split-fee pricing model and is moving towards what they call a “simplified fee structure”. For hosts within the US, this may be a glimpse of what may come.

Airbnb 1099-K IRS Tax Filings for Hosts

If you manage or own a property on Airbnb, you can get burned at tax time if you’re not careful with how you interpret Airbnb’s 1099-K. The topic of this article is about the numbers Airbnb reports to the IRS in their 1099-K for each Host, these numbers are higher than what is actually paid out.