Welcome to RealSTR

RealSTR helps short-term rental owners and property managers track income, expenses, and generate tax-ready reports. This guide walks you through connecting your property management system and getting started.

What You'll Need

  • An active OwnerRez or Hospitable account
  • A bank account linked to your rental business
  • About 10 minutes to complete setup

Step 1: Connect Your Property Management System

RealSTR integrates with OwnerRez and Hospitable to automatically import your properties and bookings.

  1. Log in to your RealSTR account at realstr.com
  2. Click Integrations in the left sidebar
  3. Click Add Integration and select your property management system (OwnerRez or Hospitable)
  4. You'll be redirected to authorize the connection
  5. Log in (if prompted) and click Authorize to grant RealSTR access
  6. You'll be redirected back to RealSTR once the connection is complete
Your credentials are secure
RealSTR is an official partner with OwnerRez and Hospitable. We use secure OAuth to connect to your account—your login credentials are never seen or stored by RealSTR.

Step 2: Sync Your Properties and Bookings

After connecting your property management system, run an initial sync to import your data:

  1. Go to Integrations in the left sidebar
  2. Find your integration and click Sync
  3. RealSTR will import your properties, bookings, and guest information
  4. The initial sync may take a few minutes depending on how much data you have
Automatic updates after initial sync
After the initial sync, you never need to sync manually again. RealSTR receives webhooks from OwnerRez and Hospitable whenever bookings are created, updated, or cancelled—keeping your data automatically up to date.

Your bookings will appear in the Bookings section, showing check-in/check-out dates, guest names, and payout amounts.

Step 3: Connect Your Bank Account

To track expenses and match transactions to bookings, connect your bank account using Plaid:

  1. Click Bank Accounts in the left sidebar
  2. Click Add Bank Account
  3. Search for your bank and log in with your banking credentials
  4. Select the account(s) you use for your rental business
  5. Click Connect
Bank-level security
RealSTR uses Plaid to securely connect to your bank. Your banking credentials are never seen or stored by RealSTR.

Step 4: Sync Transactions

Once your bank account is connected:

  1. Go to Bank Accounts and click Sync to pull in recent transactions
  2. RealSTR automatically syncs new transactions daily
  3. View all transactions in the Transactions section

Step 5: Book Transactions

"Booking" a transaction means categorizing it and assigning it to a property. This is how RealSTR tracks your income and expenses for reporting.

  1. Go to Transactions in the left sidebar
  2. You'll see your transaction inbox with unbooked transactions
  3. For each transaction:
    • Select a Category (e.g., Cleaning, Repairs, Utilities)
    • Assign it to a Property
    • Optionally link it to a specific booking or vendor
  4. Click Book to save
Tips
  • RealSTR can automatically match Airbnb, VRBO, and Stripe payouts to your bookings
  • Create Transaction Rules to automatically categorize recurring transactions (like monthly utilities)
  • Use the Ignore option for personal transactions that aren't related to your rentals

Step 6: View Reports

Once your transactions are booked, you can generate reports:

  1. Click Reports in the left sidebar
  2. Select Schedule E to see your income and expenses organized by IRS Schedule E line items
  3. Filter by property, date range, or category
  4. Export to CSV or PDF for your tax preparer

Available Reports

Schedule E Report
Income and expenses by property, formatted for tax filing
Journal Entries
Double-entry accounting view of all transactions
Reconciliation
Match bank deposits to booking payouts

Your Dashboard

The RealSTR dashboard gives you an at-a-glance view of your rental business. It's fully customizable—drag tiles to rearrange them and resize them to create your perfect layout. Your dashboard preferences are saved automatically.

RealSTR also works great on mobile. Access your dashboard, bookings, transactions, and reports from your phone wherever you are.

Need Help?

If you have questions or run into issues, contact us at

[email protected]