Short-Term Rental Tax Compliance for Property Managers

Short-term rental tax compliance

Achieving short-term rental tax compliance can be a complex, nuanced process, from understanding filing timelines and frequencies to license registration and revenue reporting. The goal of this article is to put your mind at ease as a property manager and keep your business in good standing. Continue reading to find answers to common questions related…

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4 Financial Reporting Tips for Property Managers

Financial Reporting Tips Property Management

When you think about the myriad of things that are rapidly changing in the hospitality sector every day, companies – especially those managing short-term rentals – need to be able to leverage data effectively in order to adapt and succeed in this dynamic environment. If you’re a property manager looking to grow your organization, and…

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Accounting Best Practices for Property Managers

STR HUB Podcast

Accounting for property managers: What are the best practices to follow and how can Ximplifi help? Read the episode transcription below to learn what Jesse Ehret, CPA and CEO of Ximplifi, recommends for property managers hoping to gain a better understanding of their company financials. Content has been lightly edited for brevity and clarity Would…

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Change Your Mindset to Grow Vacation Rental Profits

growth mindset leader

If you’re the owner of a business, the path to profitability starts with you. Why? Because every element of your company—whether you’re flying solo or leading a team—is influenced by your beliefs, attitudes and actions. Think negatively and you create self-imposed limitations. Think positively and you create opportunities. So, what practical steps can you take […]

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How a Single Source of Truth Benefits Hospitality Managers

Waterfall - single source of truth

What is a single source of truth? A single source of truth (SSOT) means that all of your company’s financial data is aggregated and stored in one place. This allows business leaders to obtain a holistic view of the company’s performance and make informed decisions based on a single point of reference. Consider this for…

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Overcoming Financial Growing Pains in Vacation Rental Property Management

Overcoming Growing Pains in Vacation Rentals

If you’re using Salesforce, congratulations, you’re in good company. They bill themselves as the world’s number-one CRM platform and rightfully so. I’ve been both a Salesforce user and administrator for more than 20 years, though the latter is not part of my current role. I’ve met and spoken with Mark Benioff, and he is a […]

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3 Ways That Property Managers Compare Sage Intacct to NetSuite

compare sage intacct to netsuite

In this article, we’ve collected customer reviews and ratings from G2.com to compare Sage Intacct and Oracle NetSuite on three important features that property managers need out of their financial software. We trust these ratings because G2 is an independent company with over 1.7 million software product reviews. They are not paid for or sponsored…

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7 Keys to Selecting Financial Software for Property Management

choose financial management software

Introduction When researching robust financial software and ERP solutions for property management companies, two solutions often come to the top of the list: Sage Intacct and Oracle NetSuite. Both provide an array of core accounting capabilities, serve customers globally, and can perform advanced reporting functions, but there are a few key differences that property managers…

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The Struggle Connecting QuickBooks to Salesforce

Salesforce & QuickBooks Blog

If you’re using Salesforce, congratulations, you’re in good company. They bill themselves as the world’s number-one CRM platform and rightfully so. I’ve been both a Salesforce user and administrator for more than 20 years, though the latter is not part of my current role. I’ve met and spoken with Mark Benioff, and he is a […]

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7 Financial Housekeeping Tips for Vacation Rental Managers

Financial Housekeeping

Imagine your business is one of your rental properties. No matter how much curb appeal it has, if the interior is a mess, it’s not going to live up to its potential. The same logic applies when it comes to your property management company. Even before going public, many successful companies depend on clean financials…

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