Short-Term Rental Accounting & Bookkeeping Vermont | Far & Away
The accounting most STR managers can't do
Short-term rental accounting & bookkeeping in Vermont
Books reconciled to the penny — every month, every account, every transaction.
Here's the dirty secret about most property management companies: they have no idea how to do the accounting.
You get a basic summary of income and expenses. Maybe a spreadsheet. They call it an owner statement. But it's not reconciled to your bank account, it doesn't break down cleaning fees and platform deductions correctly, and come tax season, your CPA is starting from scratch trying to make sense of it.
Far & Away does it differently — because we have an in-house CPA who has built a proper accounting system specifically for short-term rental properties.
What you receive every month
Owner statement
Clear, readable summary of every booking, fee, and expense — written so you can understand it without a finance degree.
Bank reconciliation
Every line in your books matches your bank statement — to the penny. No unresolved discrepancies. Ever.
Revenue breakdown
Gross booking revenue, platform fees, cleaning fees, management fees — all separated so you see exactly where the money went.
Vermont STR compliance
Vermont rooms and meals tax and local option tax handled correctly and filed on time. We know the rules; you don't have to.
Year-end tax package
Everything your CPA needs at tax time, organized and ready to go. No scrambling, no missing receipts.
Expense tracking
Maintenance, supplies, utilities — every deductible expense captured and categorized correctly from day one.
"Most property management companies hand you a spreadsheet and call it bookkeeping. That's not bookkeeping — that's a list. Real bookkeeping means every account is reconciled, every transaction is categorized, and your financials can survive an audit. That's the standard we hold ourselves to."
— Far & Away, in-house CPA
Why it matters for your Vermont rental property
Vermont has specific short-term rental tax requirements that catch many owners off guard. The state rooms and meals tax applies to short-term rentals, and if you operate in a municipality with local option tax, you owe that too. Get it wrong and the penalties add up fast.
Beyond compliance, clean books mean you understand your investment. You know your actual net operating income. You know which months are most profitable. You can make decisions based on real data rather than guessing.
Partner with a management company that actually knows the numbers
CPA-backed bookkeeping is included in full management. Get a free estimate to see what your property could earn.
Get your free estimate(802) 266-0009 · hello@farandaway.homes