Skip to main content

Accounting for owners who self-manage

Feature requestsMogul

Mogul isn’t just for Property Managers, it’s for Owners too (it’s for anyone who wants to build a foundation that can handle their scaling business). We’ll be introducing Mogul for Owners, with owner-specific accounting recommendations and reports to set you up for success next tax season (Quickbooks not required!).

  • Industry-specific accounting best-practices designed by our Accountant in Residence.

  • Expense tracking.

  • Profit and Loss statement.

  • … and more.

This feature will introduce a new concept of business models (owner, manager, (and soon, renter)), which we’ll use to recommend the best accounting practices and reports for your businesses.

Status: Completed3 comments

Log in to comment and vote

Comments3

  • Emily Tunggala changed status to Completed
    Team•

    Jun 5, 2025

    Pinned

    The QuickBooks integration is now live for all Mogul users, no matter how you operate! All business models are supported:

    • Owners and self-managers

    • Property managers, who manage for others

    • Arbitrage

    To get started:

    Check out this interactive tour, showing you how to connect and configure your QuickBooks connection.

  • Emily Tunggala changed status to Limited release
    Team•

    Apr 17, 2025

    Pinned

    Introducing a Profit & Loss report for properties that you own and self-manage! We’ve introduced a new concept under the Mogul plan called My Business. You can create as many businesses as you’d like to help organize properties that use that same business model. For example:

    • A business that represents properties you own and self-manage

    • A business that represents properties that you manage on behalf of other owners

    In order to see the Profit & Loss report for properties you own:

    • Create a Business with the Owner business model, and include the properties that you own and self-manage.

    • Add Transactions that represent your expenses.

    • Go to Reports (under Operations > My Business) to view your Profit & Loss.

    You can filter the Profit & Loss by Business, or get more granular and see it for individual properties.

    Learn more about Hospitable’s Accounting for Owners:

    https://help.hospitable.com/en/articles/11095888-accounting-for-owners

    For those of you who use Quickbooks, we’ll offer a Quickbooks connection for Owners soon! You can upvote this to follow along:

    https://feedback.hospitable.com/p/quickbooks-integration-for-owners-who-self-manage

  • Copper Eraser

    •

    Apr 4, 2025

    Some thoughts as an owner/operater who does his own bookkeping in QBO.

    I’ve been using my QBO for years and would love the integration between Hospitable and QBO to work for owners as well.

    1. Would their be a plan to have “balance sheet” data within the native Hospitable accounting plan? I’m thinking of tracking Capital Improvements, Depreciation, etc…

    Another thought…within Quickbooks one may have properties in different LLCs. The way I treat this is to use the “Location” tracking between different “entities”. It would be awesome if we could also map properties to specific “Locations” as well as “Classes”. I see great value in having a strong integration for owners in QBO. To note : I’d wait for an strong Hospitable Property Owner and QBO integration over utilizing native Hospitable accounting. If it’s not in the plans I may have to make adjustments/changes.