Rental Expense Tracking

Every expense, tied to the right property.

Review expenses from supported connected accounts, assign them to a property and Schedule E-aligned category, attach receipts, and export a clean CSV for your tax preparer.

The pain Rentlane removes

Most small landlords track expenses in three or four places — bank statements, a notes app, a shoebox of receipts, and a spreadsheet they touch twice a year. Come April, an accountant charges them by the hour to untangle it. Rentlane keeps everything in one place from the day you start.

What gets tracked

Connected-account review

The workflow surfaces eligible transactions for landlord review.

Per-property records

Approved records can be assigned to a property for reporting.

Schedule E-aligned categories

Review categories such as repairs, insurance, property tax, utilities, supplies, and professional fees.

Receipt photos

Snap a receipt with your phone; it attaches to the transaction.

Cash-basis P&L

See income, expenses, and net income by property or across the portfolio.

Schedule E-aligned export

Share a rental transaction summary CSV with your tax preparer.

Repairs vs. capital improvements

The tax treatment of repairs and improvements can differ. Rentlane keeps the categories reviewable; landlords and their tax professionals remain responsible for the final treatment.

Organized around Schedule E

Rentlane uses Schedule E-aligned categories and exports a rental transaction summary for tax-prep review. The export is a recordkeeping aid, not a filed tax document. More about Schedule E tracking →

Frequently asked questions

How does Rentlane track expenses?

The workflow can surface eligible connected-account transactions for landlord review. Manual entry and CSV import remain available, with reviewable property and category assignments.

Can I snap receipts with my phone?

Yes. Take a photo and attach it to the transaction. The image is stored alongside the expense so you have an audit-ready record without a shoebox of paper receipts.

Does it separate repairs from capital improvements?

Rentlane can keep repairs and capital improvements in separate reviewable categories. Your tax preparer should confirm the treatment and any depreciation.

Can I track expenses by property?

Yes. Every expense is tagged to a specific property, so when tax season rolls around you can run a clean per-property P&L.

Can I share the records with my accountant?

Yes. Export the transaction summary as CSV and share the per-property records with your tax preparer.

Do you integrate with QuickBooks?

Rentlane exports CSV records that can be used alongside your existing bookkeeping workflow. Confirm the import format and account mapping before moving data into another system.

Will this work for an LLC?

You can track income and expenses by property and share the reports with your accountant. Your entity's accounting and filing requirements still depend on its tax treatment.

Other Rentlane Tools

Explore the rest of Rentlane for independent landlords with portfolios of up to 20 units.

Stop dreading tax season

Tag expenses as they happen and export CSV reports for Schedule E prep. iOS pricing is $8.99/month.

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