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Set Up Airbnb Automation for the New Year

Set Up Airbnb Automation for the New Year from MaidThis Airbnb Cleaning

As the year comes to a close, it’s more important than ever to look into how you can make your life easier in 2021. One of the best ways to increase your revenue without increasing your workload is to invest in Airbnb automation. 

Now is a great time to review your processes and figure out ways to save time and energy. Here are 5 things you can do. 

 

1. Mark down any trends. 

2020 has caused unprecedented changes in the vacation rental industry, and the seasonal trends of years past might not apply in the age of the pandemic. However, at least in the United States, we’re likely to see the effects of this virus continue into 2021. 

To start your year-end review, it’s worth looking at how this year compared to previous years in terms of trends to see how the pandemic affected your business. Were people traveling during different seasons than usual, or traveling in smaller groups than previous years? Keep these new trends in mind as you update and optimize your listings for the new year. 

 

2. Write down your FAQs. 

Look back over your communication with potential guests from the past year. What questions were asked that you don’t already answer on your listing? 

It’s worth saving a document of form responses or message templates for the most common questions so you don’t have to keep typing up your correspondence from scratch.

 

3. Consider property management. 

A property management company can automate many aspects of the Airbnb process for you, from tackling customer service to optimizing your listings. The year’s end is a great time to look over your profits from the past 12 months and decide if hiring a property management company is right for your budget.

If you’ve been using a property management company, it’s also a good time to evaluate how well it’s been working for you. If you haven’t noticed a dramatic increase in profits, you might want to consider switching companies. 

 

4. Use Smart Pricing, if it’s right for you.

Airbnb’s Smart Pricing considers over 70 factors when adjusting your prices for you. For property owners who don’t want to keep track of optimal pricing, especially when the world is so unpredictable, this can be an attractive way to automate your listings. 

Smart Pricing can be helpful to some Airbnb owners, but others may find more success with manually adjusting their pricing. You might find that Smart Pricing isn’t as accurate as researching your competition can be. It all depends on your area and what works for your property, so play around with it before setting and forgetting. 

 

5.  Try touchless check-in. 

Many hosts are finding that automating their check-in process not only makes their lives easier, but is a hit with guests, as well. 

Touchless check-in is more popular than ever due to the pandemic. You can automate this by opting for keypad entry or a lockbox with a key for your rental property, then letting guests know the code before they arrive. 

 

The end of the year is always a great time to re-evaluate your Airbnb strategies, but especially now that so much has changed in 2020. Hosts have had to make many adjustments, but you can make your job much easier moving forward by automating your business for 2021. 

 

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Testimonials

At first I tried to take care of all of the cleaning process myself, and it turned out to be a bigger headache than anything else. So a friend told me about MaidThis and its been fantastic. I’ve been working with my cleaners for a few months so far. I recommend you check out the service for yourself.
Brent
Airbnb Host in LA
90+

Hours
Saved

I definitely think that as a company we've been able to make more money, not only because we're saving money by using Maid This, but also because they're helping take a few of the necessary evils with doing vacation rentals off of the property managers plate.
Laura G
Airbnb Host in LA
90+

Hours
Saved

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Preparing Airbnb Tax Information for the Year

tips for filing 2019 airbnb taxes

 

It’s that time of year again: tax season! As a vacation rental owner, filing your Airbnb taxes correctly is absolutely vital to the longevity of your business. Whether you rent your property as a side hustle or a full-time venture, botching your taxes can lead to high fines and penalties from the IRS. 

Fortunately, there are ways to make this time of year a little easier on yourself. Being prepared for tax season can save you a lot of time, energy, and stress. Here are 3 things to keep in mind as you’re getting your Airbnb tax information together if you want to come out on top. 

 

1. Know the rules. 

If you are considered self-employed by the IRS, you’ll have to remember to pay self-employment taxes in addition to any applicable occupancy taxes. Certain cities and states have their own requirements about the amount of tax you must pay when you operate a vacation rental, so be sure to do your research so you’re not surprised later on.

If you’re renting out just one room of your home instead of the entire property, you’ll have a slightly different set of rules to follow. Read up on the federal and local requirements to make sure you don’t miss anything important. 

 

2. Go digital. 

Paper receipts are easy to lose. It’s a good idea to create digital copies of all receipts that you accumulate throughout the year, backing up those copies to a Cloud database. Apps like Quickbooks or Expensify make it easy to keep track of your paper receipts and stay on top of your budget at the same time. 

If you haven’t been scanning your receipts, now is a good time to start: in the event of an IRS audit, you’ll need to procure copies of all of them. You are expected to keep all receipts for up to 3 years after filing, so it’s worth taking the time to get organized. 

 

3. Ask for more time if you need it. 

If you get overwhelmed, don’t be afraid to file for an extension. While it’s a good idea to get started on your taxes far enough in advance, sometimes the deadline sneaks up on you. If you don’t think you can get your Airbnb tax information compiled on time, look into whether you qualify for an extension and submit the necessary forms to do so. 

 

4. Hire a professional. 

Filing your taxes gets trickier when a rental property is involved. Factor in any additional income, charitable contributions, or other special circumstances and you might have a mess on your hands. When in doubt, hire a professional to file your taxes for you. Try to find a tax professional that specializes in vacation rentals as there are specific laws and forms that must be considered when filing. 

 

Tax season doesn’t have to be the most dreadful time of year. If you get organized, start early, and know the rules, your taxes can be a breeze. A little preparation goes a long way towards making sure your finances run smoothly even after April is over.

 

Clean my
Vacation Rental


single-blog-sidebar-vacation-rental
  • Automated Scheduling
  • Cleaning Report with Pictures
  • Never a No-Show. Guaranteed.
Book Now

Testimonials

At first I tried to take care of all of the cleaning process myself, and it turned out to be a bigger headache than anything else. So a friend told me about MaidThis and its been fantastic. I’ve been working with my cleaners for a few months so far. I recommend you check out the service for yourself.
Brent
Airbnb Host in LA
90+

Hours
Saved

I definitely think that as a company we've been able to make more money, not only because we're saving money by using Maid This, but also because they're helping take a few of the necessary evils with doing vacation rentals off of the property managers plate.
Laura G
Airbnb Host in LA
90+

Hours
Saved