Rental expense/income spreadsheet

3 Replies

What spreadsheet layout do you use to keep track of expenses/income.

I currently have 3 rental properties and have had more expenses this year (furnace, A/C, tentant turnover, refrigerator etc). I want to stay organized to track my income vs expenses to make it easy come tax time. I currently save and take pictures of receipts to upload and use excel.

Does anyone have examples or suggestions for keeping organized.

Thanks in advance for the info.

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Good luck. 

There are some good ones online.

But with 3 rentals and hopefully a growing portfolio, I recommend you begin to explore other solutions that can automate some of the bookkeeping and record keeping for you - such as QuickBooks.

I keep it simple.  

1 spreadsheet

3 columns 

   Income

    Repairs (tax deduction this year stuff)

    Depreciation items (tax deduction over X year items). 

Of course there’s other columns such as the unit number and date and a few other random items. Sadly this is only as complicated as you make it.  I have six rentals just FYI 

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