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- REPStracker Vs. Hostfully
REPStracker vs Hostfully Usage & Stats
Are you a real estate investor or vacation rental owner bogged down with a huge tax burden?
There are two powerful tax benefits you could claim to help build your real estate empire:
- Real Estate Professional Status (REPS)
- Short term rental (STR) tax benefit
REPStracker helps you to streamline the process of claiming REPS and STR tax benefits.
With the addition of our new community membership group, accessed from within your mobile app, you can also connect with tax experts and get helpful tips to guide the process of claiming these powerful tax benefits.
The REPStracker app is a quick and easy-to-use time tracking app, simplifying the process of logging your material participation hours.
Features include:
- Two apps in one:
Whether you are a real estate investor for long term rentals or short term rentals, our app helps you qualify for either (or both) tax benefits
- Track your REPS/STR progress in real time:
No more guesswork or clumsy math. Know where you stand with your material participation hours so you can make decisions accordingly... before the end of the year.
- Log time entries as you go, wherever you are:
Don't wait until you're home in front of your desktop, relying on foggy memories to document your time entries. Do it as you go...in line at Home Depot or on hold with your mortgage broker.
- Log your hours manually or with the built-in timer function
Use the timer to improve the accuracy of your time entries, thereby strengthening your case against an IRS audit
- Record your spouse or other team members' hours in the same account
If your spouse is contributing to your material participation hours, our algorithm will tally these hours appropriately.
If you are an STR owner and using time logs to show that your participation is more than anyone else on your team, easily log their hours so you can keep tabs.
- Evidence Integration:
Upload supporting evidence for each of your time entries, protecting you in the case of future audits.
- Store everything on the cloud:
Don't lose your data when you lose your phone. All your time entries and supporting evidence is stored securely on the cloud.
- Download your data:
Need a hard copy backup? Download all your time entries at the touch of a button.
- Apple App Store
- Free
- Productivity
Store Rank
- -
Hostfully’s property management system (PMS) app allows you to manage the critical parts of your vacation rental business on the go. Whether traveling between two properties or rushing to turn over a property between back-to-back reservations, with Hostfully you'll never miss a beat. Use the core features of the industry's leading PMS anywhere, anytime, from any device:
- Central Calendar: Get a snapshot of your reservations in a flash. Tap on any reservation to see the guest's name, price breakdown, and stay details. Quickly switch to the Inbox with another tap.
- Inbox and Messenger: Stay in touch with your guests via email or the listing site's native messenger system. Template responses to common inquiries at your fingertips.
- Mobile Dashboard: Leave the office without worrying about dropped leads. Review incoming reservation requests, chat with leads, and track check-ins and check-outs.
With Hostfully’s vacation rental management app, you’ll never feel chained to your desk again!
- Apple App Store
- Free
- Productivity
Store Rank
- -
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REPStracker VS.
Hostfully
December 24, 2024