Accounting for Short Term Rentals

For Sale
$25 USD
(free)
Robert Whittley CPA
Point of Contact
Posted On
July 23, 2021
Complexity
3
ROI %
55
Time
1-2 hours
Value
85

About this asset

A few short years ago, the idea of paying money to sleep in a strangers bed was insane. Now, it's the more than normal. This industry is in high demand. As we look further into the future of this gig economy, there will always be a need. People love to travel. Traveling with others creates joy. If you can house all the people traveling under one roof, fulfillment is achieved. When done right, participating in micro-leases can create financial independence for you and future generations. The purpose of this course is to dive into the accounting issues associated with short term rentals on platforms like AirBnB & VRBO. The course touches on Regulations and Laws, finding The Right Realtor, Tourism Statistics / DNA, Income Potential, Expense Anticipation, Turn-Key vs Sweat Equity, Over Saturation, Occupancy Taxes, Managing Your Books & Records, Depreciation & Tax.

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Features
Capital Req'd?
Yes
No
Gov't Involved?
Yes
No
Tax Strategic?
Yes
No
DIY Feasible?
Yes
No
Added In
2021
Value Rating
94

What You'll Learn

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A Teaser

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Healthy Coin ?

Yes!

Robert Whittley CPA

Your Point of Contact
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Listing Code:
#RE001
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