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Master Short-Term Rental Bookkeeping

A Comprehensive QuickBooks Guide For Streamlining Your Bookkeeping Processes And Maximizing Profitability

Vacation Rental Bookkeeping using QuickBooks

Get your hands on Gita Faust’s complete instructions for managing vacation rentals using QuickBooks

software!

Do Any Of These Sounds Like You?

01

As a real estate investor who manages vacation rentals, you likely spend over 40 hours a week managing properties and keeping track of all your bookkeeping, but your bottom line is always in the red.

02

You are a vacation property manager who works 10+ hours a day promoting your business AND managing your money, owners, and guests, but you still only get paid a flat fee for all the time you spend at your office.

03

You are a QuickBooks bookkeeper or consultant, CPA, Accountant who works over 50 hours researching and testing how to use QuickBooks for your vacation rental clients, yet you only get paid for the time you work on clients’ files.

If you are nodding your head to any of the above scenarios, I am here to tell you that there IS a better and smarter way to learn.

I am offering you a way to make the best use of your time and reduce your frustration. There are specifics steps you can take to use, enter, and view your data to attract more clients with less time and little or no budget. It’s an easy, simple, and the MOST PROFITABLE way to learn how to use QuickBooks effectively for vacation rentals.

Here’s My Personal Story…

Years ago, when I began to teach QuickBooks, I was nervous; however, my clients gave me a vote of confidence. Everyone I worked with told me I had to share my system and workflow with their friends and competitors. Since then, I have spent hundreds of hours perfecting my program for management and accounting, and in that time I created a step-by-step system for each segment of the real estate industry.

As an Accountant and Advanced QuickBooks Certified ProAdvisor who has been in the business for 20 years, I kept finding better and better ways to help my real estate clients eliminate errors and produce accurate reports that could be used on a day-to-day basis.

And that is what I love the most about my business!

01

Do you utilize online reservation software that is weak in managing the financial side of property management, including work order management, maintenance, and repair costs tracking, commission payments, owner revenue statement generation, and integration into QuickBooks?
I will teach you short term rentals bookkeeping. I will show you how to implement processes where you will only enter one time in one software, and capture the transactions in reports with one click.

02

Have you used QuickBooks for the past few years only to capture all of your banking and credit card transactions, categorize them for tax purposes, and pass them along to your accountant for tax prep?
That is what many people do, but none of them are using QuickBooks to its full potential. You can actually use QuickBooks to create a “set of books” to which you can refer back for important information and reports!

My Goal Is To Teach You

  • Take the mystery out of QuickBooks
  • Know which accounts to use and why
  • Create counter-intuitive ideas that work
  • Learn to use practical, effective shortcuts
  • Follow a crystal clear map
  • Create over 100+ crucial
  • Customize your own reports
  • Learn the right procedures
  • Put in place the systems you need
  • Learn to recognize revenue
  • Avoid mistakes on tax returns
  • Take control of your business
  • Save money on bookkeeping
  • Save time with our system

You’ll Learn How To

  • Support unit rates
  • Track guest deposits
  • Collect deposits
  • View guest balances
  • Track guest check in and check out dates
  • Travel agent commission
  • Track work orders
  • Create property owner statements
  • List Chart of Accounts
  • Enter credit card charges
  • Track cleaning crew
  • Pay lodging taxes
  • Enter & pay vendor bills
  • Reconcile trust accounts
  • Manage operating account
  • Easily create 1099’s
  • And more…

The DIY Book Covers The Following Topics

01

File Setup

QuickBooks file setup includes customized setup,Chart of Accounts, items lists, and more.

02

Booking Sites

Enter reservations from booking sites and memorizefor future reservations.

03

Revenue Management

Recognize each reservation’s revenue by check-inor check-out dates.

04

Step-by-Step Instructions

Learn in ins and out of a practical system you canuse every day to help smoothen your…

05

Booking Sites

Plan with our unique strategy that takes a day-to-dayprocedure and applies it to satisf…

06

Trust Accounting

The capability of providing trust management andaccounting is limitless.

07

Sales and Lodging Tax

Learn to apply, collect and record taxes for eachproperty to state, county and/or city …

08

Reports

Use over 100+ reports and analyze your business toavoid errors from general ledger to

09

Videos

Implement the system quickly and easily by viewingthe videos we have created for your …

Here’s What You’ll Get

Every Day, People are Making Money by managing vacation rentals, taking reservations online, and using QuickBooks. Why Not You? It’s Time to learn and MAKE your business profitable. Let QuickBooks Addict and mentor, Gita Faust, share her secrets on how you can create and use QuickBooks producing meaningful reports.

Guide

Video

Checklists

Forms

Worksheets

What Is The Difference Between Owners And Managers?

Vacation Rentals for Investors, Landlord and Owners

  • For landlords who manage their own properties
  • Record the purchase and sale of a property
  • Track reimbursements
  • Record personal investments and loans
  • Enter hard money loans
  • Enter soft money loans
  • Track construction loans
  • Save taxes with cost segregation
  • Allocate overhead expenses to property
  • Allocate profit sharing

Vacation Rentals for Property Management Company

  • For managers who manage landlords’ properties
  • Calculate management fees
  • Write owner’s checks
  • Owner’s statement summary
  • Owner’s statement detail
  • Manage travel agents
  • Include markups
  • Vendor deposits
  • Reserve funds
  • Create owner’s 1099

Short-Term Rental QuickBooks Courses

For QuickBooks Online and Desktop: Pro, Premier, and Enterprise

Vacation Rental By Investors, Owner, And Landlords

A landlord is typically an individual or entity that owns and rents out a property to guests directly. They are responsible for managing the property, collecting rent, and maintaining the property. They may handle all aspects of the rental property themselves or hire professionals like maintenance workers or cleaners as needed.

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Vacation Rental Management Accounting

A property management company is a business that specializes in managing properties on behalf of landlords or property owners. They typically handle a wide range of tasks such as marketing the property, screening tenants, collecting rent, managing maintenance and repairs, and handling any legal or financial issues related to the property.

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What Our Clients Think

I am absolutely ecstatic after making this purchase! I could not stop or put it down–I just kept going on and on. As an investor myself, I can confidently say that this is a great investment–maybe even one of the best ones I’ve ever made. This guide is a life-saver and a game-changer. It’s just like putting together a bike; it is important to follow along and read each instruction carefully, but as long as you do, you will be done in no time! The only regret I have is that I did not get this book earlier! I kept coming back to it until I finally ordered it, and it is one of the best decisions I’ve ever made. I’m even considering purchasing another book; I would recommend any one of them to anybody! When it comes to running a business, this is definitely the way to go. I have saved so much time and money because of this guide, and I can’t explain how happy and relieved I am working smarter with a QuickBooks for Broker’s system from realestateaccounting.com

Constance Davis

I want to let you know that I received a lot of value from the materials I purchased!! Your team is very kind and courteous!

Janet Flink

CEO

You are brilliant. I wasn’t reading your emails because of time, thinking I already knew what you were writing about, etc. But when you offered to take away your emails I found myself wanting them – No! You won’t take my emails, even if I am not reading them. (: The mind can be so funny. But good on you, since I plan to read your next email to see if it is valuable for me.

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