LedgerAI connects to QuickBooks, reads your Airbnb payouts, and automatically categorizes every cleaning fee, supply run, and repair so you are ready for taxes year-round.
Short-term rental accounting has unique pitfalls that generic bookkeeping software misses entirely.
Airbnb deposits a single net amount after fees and taxes. Recording it as revenue is wrong and triggers IRS mismatches with your 1099-K.
The IRS now requires 1099-Ks at $5,000. Most hosts report wrong because Airbnb's gross doesn't match what hits your bank.
Which repairs go to the rental? Which are personal? Proration rules are complex and easy to get wrong, especially on mixed-use properties.
Dozens of different tax rates by jurisdiction. Tracking what was collected vs. what you owe is a nightmare without dedicated software.
Every Costco run for the property mixes with personal shopping. These deductions get missed constantly and add up to thousands per year.
The IRS STR loophole requires material participation records. Without clean books, you can't claim it and you leave serious money on the table.
No accountant required. Connect once, and LedgerAI handles every transaction from there.
Authorize LedgerAI to your QuickBooks account with OAuth in about 60 seconds. No passwords shared.
Drop in your PDF or CSV bank statements. LedgerAI parses Airbnb payouts, fees, and all property-related charges automatically.
Cleaning fees, supplies, repairs, host fees, platform commissions, utilities: every line item is labeled and coded to your chart of accounts.
Get a clean property-level Profit & Loss report ready to hand directly to your CPA. No back-and-forth, no surprises.
Every feature was designed around the real challenges Airbnb and short-term rental hosts face at tax time.
Matches net deposits to gross bookings automatically, splitting out platform fees, taxes withheld, and actual rental income into the right accounts.
Flags Costco, Amazon, grocery stores, and other personal vendors found in your rental LLC account so nothing slips through unchecked.
Matches what Airbnb reports to the IRS with your actual income so your tax return and your 1099-K are always in alignment.
Income and expense breakdown per property, per month. See exactly which unit is profitable and which one is dragging your returns down.
Categorizes taxes collected vs. taxes remitted by jurisdiction so you always know what you owe to each local authority.
All corrections and categorizations are pushed directly to your chart of accounts in real time, so your books are always current.
| Description | Amount | Category | OK |
|---|---|---|---|
| Airbnb Payout — Dec 1–15 | $1,847.00 | Rental Income | ✓ |
| Costco Wholesale | $187.43 | ⚠ PERSONAL FLAGGED | |
| The Home Depot | $342.00 | Repairs & Maintenance | ✓ |
| Amazon — toilet paper/soap | $64.99 | Supplies — Rental | ✓ |
| Airbnb Host Fee | ($92.35) | Platform Fees | ✓ |
| LADWP Electric Bill | $189.00 | Utilities — Rental | ✓ |
| Airbnb Payout — Dec 15–31 | $2,103.00 | Rental Income | ✓ |
| Lowe's — bathroom faucet | $87.00 | Repairs & Maintenance | ✓ |
No setup fees. Cancel anytime. All plans include the 10-minute QuickBooks connection and automated categorization.
"I had no idea I was recording my Airbnb payouts wrong for 2 years. LedgerAI caught it immediately and my CPA said I avoided a serious IRS problem."
"I manage 4 units and was spending 6 hours a month on bookkeeping. Now I spend maybe 20 minutes reviewing the report LedgerAI sends me."
"The personal charge flagging alone is worth it. I kept accidentally running Target and Costco through my rental LLC. It catches everything."
Join thousands of Airbnb hosts who file with confidence. Get set up in 10 minutes.
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