Short Term Rental Accounting
Simplify short-term rental accounting. Scan receipts, manage multiple properties, track deductions, and generate tax-ready reports with TurnkeyExpense.
While there are many apps out there that help people track receipts and expenses,
TurnkeyExpense is different because it’s the only app specifically designed for short-term rental
accounting - allowing you to manage multiple properties and share them with co-hosts/managers.
Built and designed by an expert short-term renter, TurnkeyExpense is a user-friendly system that
automates receipt input, keeps you informed on the latest tax-deductible expenses, provides a
simple interface to track everything, and allows you to store and share records – maximizing
your tax deductions and offsetting money owed at tax time.
TurnkeyExpense allows you to:
• Automate input of relevant receipt details by simply capturing a photo
• Manage multiple properties
• Share properties with a co-host/manager
• Easily log expenses
• Export reports via .pdf or .csv
• Track mileage deductions
• Make tax filing hassle free for you and/or your tax preparer
• Save money at tax time
• Make your tax returns audit ready
SEAMLESS ACCOUNTING
Download summary statistics sorted by date, amount, store, provider and category of expense to
better understand how much, and where, you are investing in your short-term rental. Add income
allowing you to compare expenses to incomes by property. A dream for Airbnb, Vrbo and any
other short term rental platform accounting. When it is time to file your tax return, just hit the
print or send button.
TURNKEYEXPENSE IS CUSTOMIZABLE
Because different short-term rental properties carry different tax implications, TurnkeyExpense
offers finance tracking that allows you to itemize based on shared expenses for short-term rentals
attached to primary residences and short-term rental only expenses if your property is detached.
Customize your specific short-term rental scenario and TurnkeyEpense will even calculate the
allowable portion of a shared expense based on your square footage! The app can also be easily
used with a partner or co-host, who can access properties shared by you and add their own
expenses in real time. No more keeping track of, and handing off, paper receipts.
SAVE TIME & MONEY
Short-term rental taxes can be complicated. Seamlessly add and download all your deductible
expenses including pictures and/or files of receipts. With TurnkeyExpense, multiple properties
can be added and managed and expense entries can be sorted in a variety of ways including date,
provider and category. No more shoe box of receipts and manual spreadsheets. Let
TurnkeyExpense do the work instead: Every single receipt is auto categorized into tax friendly
fields making financial reporting and tax prep a breeze!
Start your 90-day free trial now. When you subscribe your subscription can be your first tax
deduction!
A subscription automatically renews after the thirty-day trial. Subscriptions are offered on a
monthly or yearly basis. Subscription automatically renews unless it is canceled at least 24 hours
before the end of the current period. Any unused portion of a free trial period, if offered, will be
forfeited when you purchase a subscription, where applicable. You can manage and cancel your
subscriptions by going to your account settings on the App Store after purchase. Payment will be
charged to your iTunes Account.
Subscriptions allow you to export your expense history and produce PDF and CSV reports that
you can easily print, store and share, making tax filing hassle free and producing audit ready
returns!
Terms of Use
https://www.turnkeyexpense.com/terms-of-use
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