Can I use Baselane for short-term rentals like Airbnb and Vrbo?

Yes, you can use Baselane for short-term rentals like Airbnb and Vrbo. Our platform is designed to support various rental strategies, including short-term rentals. With Baselane, you can manage your finances, track expenses, and optimize your property management all in one platform efficiently and effectively.

Why choose Baselane for your short-term rentals?

Specialized banking solution: Baselane allows you to create multiple checking accounts for each of your properties, making it easy to separate and manage finances. Earn up to 3.77% APY on your savings, maximizing your returns.

Efficient expense tracking: Simplify your bookkeeping by tracking income and expenses effortlessly. Baselane provides transaction categorization based on the Schedule E report, ensuring you stay organized and ready for tax season.

Virtual debit cards with spend controls: Issue virtual debit cards with spend controls for property managers or cleaners, providing per diems, and earning 1% cashback on all purchases and 5% cashback on all home improvement purchases for up to $2,000. Tag the expenses based on the Schedule E report and assign cards to your property. This feature ensures that your team has the necessary funds while you maintain control over spending and automate your transaction reporting.

Powerful reporting & analytics: Stay on top of your cash flow with Baselane’s robust reporting and analytics tools. Track your income from short-term rentals, analyze performance, and make data-driven decisions to maximize your returns.

How it works?

1. Open a Baselane account and easily add a separate virtual account for each rental property.
2. Link your Baselane Banking account to Airbnb, VRBO, etc. as your payout method.
3. Receive all your Airbnb payments into Baselane. Automate your finances and earn up to 3.77% APY on savings account deposits.

If you have any specific questions or need assistance setting up your account for short-term rentals, please reach out to us at support@baselane.com, from Mon-Fri 8 AM - 8 PM EST. Call us at +1 (888) 586-1618 from Mon-Fri 9 AM - 4 PM EST.