In my journey working on Bnbtally, I’ve come across many Accountants and Property Managers in the Airbnb and short-term rental industry. In this article, I’ve compiled a list of the most common costs involved in operating an Airbnb business. I present here a chart of accounts, which you can use to set up QuickBooks for your Airbnb and short-term rental organization.
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.