Rental Property Tracking
Properties, Tenants, Expenses
You own rental property. Maybe one unit, maybe several. Rent comes in, expenses go out, maintenance requests pile up. At tax time, you need to know income and expenses per property. During the year, you want to know if each property is profitable. But tenant payments, repairs, and property taxes all blur together in your accounts.
The moment you lose track of property finances
Your accountant asks for rental income and expenses by property.
You have the numbers, somewhere. Rent payments went to one account. You paid for repairs from another. The property tax came from a third.
You spend a weekend sorting through bank statements, trying to remember which expense went to which property.
Next year will be different, you say. It is not.
How it's structured
Workspace Shape
What you track
Rent payments, expenses, maintenance, tenant info, property details
Structure
Each property as parent with logs for income, expenses, and maintenance
Fields
How you work with it
Create logs per property
- Each property tracked separately
Log rent payments
- Track tenant payments
Track expenses by property
- Know costs per unit
Review property performance
- See profit per property