Vacation Rental Accounting, Taxes, Revenue, 1099s, etc.

JTVRs
Feb 18, 2019 8:20 PM
Joined Jun, 2018 385 posts

I was reading a couple of Yapstone / 1099 threads on the Homeaway forum, below. Needless to say, the complexity discussed was somewhat bewildering.

Anyone have an idea of a good CPA/tax software that is REALLY proficient for the first time VR owner in dealing with planning/setting up their VR tax reporting, the first year?

https://community.homeaway.com/thread/59223

https://community.homeaway.com/thread/58016

Paul W
Feb 18, 2019 9:23 PM
OR Team Member Joined Jun, 2009 848 posts

I highly recommend talking to Ximplify who we started partnering with for accounting stuff awhile back. We push PMs, large and small, in their direction. Good folks over there who know how to use OwnerRez, QuickBooks and a lot more . We are working with them a lot on expanding our QB integration to many more things and change accounting models to be more correct in general.