Bookkeeping software for real estate
Bookkeeping software for rental property has to keep each property’s income and expenses straight. Adopt brings in every transaction, suggests the category with the reason behind it and reconciles each account. You approve every entry.
How rental property owners handle this today.
Each property has its own numbers. Rent, repairs and taxes need to stay with the right property.
Repairs come in bursts. One bad month can bring a dozen contractor payments.
Mortgage payments split three ways. Principal, interest and escrow each belong in a different account.
Records are built at tax time. A year of statements is sorted in one sitting.
Rental property bookkeeping, property by property
Adopt prepares the work in the background. Your team reviews and approves it, and every approval stays on the record.
Connect your accounts
Link bank and card accounts, or upload statements. A statement uploaded twice is not added twice.
Suggested categories
Rent, repairs, insurance, taxes and loan payments each get a suggested account, with the reason shown.
Accept or change
Accept in bulk or one row at a time. Nothing is applied until you accept it.
Reconcile and report
Accounts reconcile to their statements, to the cent, and monthly statements are ready to review.
What changes for rental property owners
Properties kept separate
Properties held in separate entities each keep their own books.
The same vendor, the same account
Write a rule once and the suggestion follows it.
Reconciled to the bank
Each bank and loan account ties to its statement to the cent.
FAQs
It records rent and expenses, categorizes each transaction and keeps the accounts reconciled. Adopt prepares that work and you approve it.
Yes. Each property or LLC can be its own entity with its own books, and you can review one or all of them.
Not today. Adopt keeps the books your tax return is built from, categorized and reconciled, so tax time starts from clean numbers.
Yes. You can start free and connect your first accounts without talking to sales.
More software for rental property owners
Bookkeeping software for other industries
Every property, on the books.
You approve every entry.
Start free and connect your first account. Adopt works on its own, so you do not need another accounting system to begin.
