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12
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4
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Eduard Friesen
  • Property Manager
  • Cyprus
4
Votes |
12
Posts

Question for STR accountants / bookkeepers in the US

Eduard Friesen
  • Property Manager
  • Cyprus
Posted

I run around 50 short-term rentals in Cyprus (European island)and I also offer finance support for other STR operators, mainly around owner statements, income and expenses, reconciliation, bank transactions, receipts etc.

I’m currently looking more into the US market and would like to understand if the finance workflow there is very different from what I am used to.

For those of you working with STR managers in the US, is there anything specific you would expect to be handled differently before everything goes to the accountant/bookkeeper?

Just trying to get a better feel for how this normally works in the US and if there are any important differences I should be aware of.

Would be great to hear how you guys handle it.

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