Best Practices Archives

Short-Term Rental Tax Compliance for Property Managers

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…

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…

Accounting Best Practices for Property Managers

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 to help property managers overcome accounting challenges and gain a better understanding of their company financials. Content has been lightly edited for brevity…

Change Your Mindset to Grow Vacation Rental Profits

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 […]