In this video, managing partner, Miguel covers how to use Quickbooks Online (QBO) for your Short Term Rental (STR) property. Get a sense of how we analyze and look at numbers when evaluating the books for an Airbnb.
Key to splitting out accounting for Airbnb is to understand routine and recurring expenses and those that are onetime. Also note that items like depreciation are tricky and therefore are not covered in this video.