Get exceptional cash back and exclusive rewards without the drawbacks of a credit card. No monthly fees.
Topkey will calculate and pay all your city, county, and state lodging taxes each month. (Yes, you just read that right).
Effortlessly track your business expenses — from cleaning fees to lodging taxes to gas mileage — and import them directly into your accounting software to maximize your deductions.
One place for all your property finances. Say goodbye to manual spreadsheets and get a precise tool to manage your rental finances.
Open your Topkey checking account and get access to your card.
Hi, we're short-term rental hosts and former Airbnb employees. We know short-term rental operators are desperate for easier, more intuitive tools to manage their financial assets. Between the day to day challenges of maximizing revenues, monitoring expenses, paying taxes, and staying compliant, hosts have no shortage of balls to juggle.
That's why we're building Topkey, the world's first financial system designed for short-term rentals. We're offering a world-class checking account with premium rewards, streamlined tools to handle taxes and compliance, and an intuitive dashboard with insights to help you manage your bottom-line. Topkey is here to save you time, improve returns, and help you build a financially compliant short-term business optimized for long-term success.
Charge all business expenses to the Topkey debit card, to earn competitive rewards and ensure you capture maximum tax deductions.
No monthly fees, no minimums, free ACH transfers. Get separate bank accounts for each property you own.
You've got questions. We've got answers.
Topkey is a smart business banking account for short-term rental owners and operators. Topkey is designed for Airbnb/VRBO hosts, investment property owners, and property managers to earn rewards and cash back on debit card purchases, helps categorize expenses for effortless tax deduction tracking, and files/pays lodging taxes on behalf of short-term rental operators.
We're thrilled that you're interested in working with us! We're currently accepting new users for early access from our wait list. For any other questions, please reach out at firstname.lastname@example.org.
Your deposits are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000.
Topkey uses secure processes to protect your data and information and to help prevent unauthorized access.
Yes. To start earning cash back your Topkey account, you need to link an existing account with another bank that you can use to transfer money into your Topkey account. From there, you should make this checking account the primary account in Airbnb, VRBO and on your direct booking website, so income from these platforms can go into your account.
Topkey helps you open a business account tied to either an employer identification number (EIN) or, in some instances, a social security number (SSN). If you don't have an EIN number, you can also obtain one for free on the IRS website.
Yes, the Topkey debit card supports sole proprietorships, single-owner LLCs and single-member corporations, or individual owner operators.
You have to be a U.S. citizen to open an account.
Topkey's baseline checking account and debit card are completely free. Our premium debit card costs $8.99 per month. We charge a separate monthly fee to have Topkey pay all short-term rental lodging taxes. This fee starts at $44.99 per property.
We work with a trusted third party tax compliance and remittance provider that is used by hundreds of the top property managers to file and pay lodging taxes.
No - Topkey does not pay your personal income taxes. We do help you track all the rental expenses tied to the spend on your Topkey debit card, so it's easier for you to categorize your end-of-year deductions. This will save you time and money, particularly if you work with a third-party accounting software or use a CPA.
We charge a monthly fee of $44.99 per property to file and pay your short-term rental lodging taxes.
No. Lodging taxes and income taxes are different. Income taxes are paid out of your personal income. Lodging taxes are taxes your guest pays on the cost of renting your property. Typically, short-term rental operators are required to collect and remit lodging taxes from their guests, in the same manner that hotels are required to collect and remit taxes from their guests. You as a host don't actually pay the lodging taxes, but you are responsible for collecting and passing these taxes on to the appropriate state or local tax authority. Tax agencies nationwide commonly monitor vacation rental sites in search of violators.