AirBnb Expense Management?

[Paige Hill]

Hi BP - in the process of purchasing my first AirBnb in Nashville, TN. Do you find it's easiest to keep a Google doc or excel sheet with expenses? Or does anyone recommend some app that helps track expenses, income, etc? There has to be something out there created for this! 

[Jon Crosby]

The real trick is a dedicated checking account and credit card for your expenses and rental income.  That makes everything SO much easier.  From there, you can link those accounts to free tools like Mint or Wave Accounting (depending how complex you want to get, Mint is usually fine) and it will feed your transactions directly there and you simply go in and and categorize your expenses/income weekly, monthly etc. and at the end of the year you should have a nice clean report out for your CPA or Turbo Tax. 

Best of luck.