During this mini-course we will walk through the 5 mistakes EVERYONE makes in short term rental accounting, and how to make sure you aren't falling into the same pitfalls. 

1. Ignoring legal setup in accounting transactions. 
2. Posting Revenue and Expenses incorrectly. 
3. Distributions without following legal structure. 
4. Lack of understanding of Depreciation v. Repair rules when it comes to rental properties. 
5. Ignoring annual changes in cost basis allocation. 

We believe the best way to protect yourself from future risk is to make sure you understand the fundamentals of short term rental accounting.