Accounting and Bookkeeping for your STR.

[Kathy Kissick]

My husband and I own 2 Short Term Rentals in Canada, I am accountant (CPA). I have set-up and manage the accounting needs for our rentals.  Is there is a market to offer accounting software set-up, automation and monthly booking keeping/accounting services to other property owners? How many of you outsource or would outsource this part of the business in order to free up more of your valuable time to grow your business? 

[Valerie Rogers]

I use Wave which is free. I've never used Quickbooks or Quicken but I believe Wave is very similar. 

Some features include:

• Unlimited bank connections
• Income & expense tracking
• Invoicing & payroll capabilities
• Exportable accounting reports such as profit/loss, sales tax, cash flow, customisable expense/income categories, etc.