Landlords Have Too Much On Their Plates to Be Accountants

2 months agoScore: 85
Hosting Operations
Bookkeeping
Expenses
Tax Strategy
Multiple Properties
Automation

Summary

This article emphasizes the importance of using bookkeeping software for rental properties to save time, reduce stress, and avoid common accounting mistakes. Hosts should consider automating their accounting process with tools like TurboTenant to streamline tax preparation and make better financial decisions.

Related News

Financial firms face rising cyber risks, data challenges

This article discusses rising cyber risks and data challenges in the financial services industry, including fraud prevention using AI. While not directly about STRs, it highlights the importance of data quality, which directly impacts the effective use of AI for risk management and decision-making for STRs.

about 13 hours ago65
Booking.com Refunds Policy: Process and Ts & Cs Explained

Booking.com Refunds Policy: Process and Ts & Cs Explained

This article from iGMS explains Booking.com's refund policies and cancellation options for hosts. It highlights the importance of choosing a cancellation policy that balances flexibility to attract bookings with financial considerations, and encourages hosts to experiment with different policies and rates to find the ideal balance.

about 23 hours ago78
Airbnb Account Hacked? Here’s What To Do

Airbnb Account Hacked? Here’s What To Do

This article discusses the ways Airbnb accounts can be hacked, including phishing, credential stuffing, and brute-force attacks. It emphasizes the importance of strong, unique passwords, two-factor authentication, and regular account monitoring to protect your account. Hosts should change their passwords immediately if they suspect a breach and contact Airbnb support.

about 23 hours ago85

The long game: How Florida Realtors® created a sustainable real estate tech ecosystem

This article highlights the Florida Realtors' long-term commitment to providing technology solutions for real estate professionals. The organization's tools, such as Form Simplicity and Sabal Sign, are designed to support members' success and offer cost savings. Hosts can take note of the benefits of these member-driven tools and evaluate whether they're suitable for their own business operations.

1 day agoFlorida75