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Best rental property accounting software
Track rental income and expenses with ease
FreshBooks helps you easily track your rental income and expenses, keeping all your financial data in one place. This makes it simple to see how much money you’re earning and spending on your rental properties.
Automate rent collection and invoicing
Automate your rent collection and invoicing process with FreshBooks. You can set up recurring invoices and send automatic reminders, which helps you get paid faster and reduces late payments from tenants.
Generate financial reports for smart decision-making
Simplify tax preparation for your rental business
Manage multiple properties in one place
All the features you will need for your rental property accounting software
Automate your rental property finances & save time
Landlord software like FreshBooks’ automation features, including rent tracking, expense categorization, and tax calculations, make it easy for landlords and property managers to handle their finances. By automating these tasks, you can save time, reduce errors, and simplify bookkeeping. This lets you focus more on growing your rental business and less on paperwork.
Faster payments with effortless rent collection
FreshBooks streamlines rent payments with automated invoices, online payment options, and reminders. These tools help landlords manage their transactions better, get paid faster, decrease late payments, and improve cash flow. This makes managing rental property finances easier and more stress-free.
Stay on top of your rental property finances in real time
FreshBooks provides real-time financial updates, which help landlords track rental income, expenses, and cash flow. Tenants can use various payment methods, including a bank account, to pay their rent directly from their mobile devices. With instant insights, you can avoid manual tracking and make better financial decisions quickly. This feature simplifies financial management for real estate investors and property owners.
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Free vs. FreshBooks accounting software for rental property
Free accounting software might seem attractive for rental property management, but it often lacks essential features like detailed financial reporting, expense categorization, and the ability to manage multiple properties efficiently. This can create difficulties as your rental business expands.
FreshBooks offers a robust solution tailored for rental property needs. It simplifies financial management by providing tools to track income and expenses, automate rent collection, and generate insightful financial reports.
Unlike free software, FreshBooks also ensures secure data storage, provides reliable customer support, and integrates smoothly with other business applications.
FreshBooks makes my life so much easier. I wish I had this when I first started my business!”
Why landlords choose FreshBooks. The reviews say it all
Accounting apps & integrations for landlords
FreshBooks integrates with over 100 apps, giving you control over your rental property accounting. You can also customize your FreshBooks experience with these integrations.
Support that actually supports you 💙
- Help From Start to Finish: Our Support team is highly knowledgeable and never transfers you to another department.
- 4.8/5.0 Star Reviews: Yup, that’s our Support team approval rating across 120,000+ reviews
- Global Support: We’ve got over 100 Support staff working across North America and Europe
Accounting software by industry
Feeling overwhelmed by bookkeeping? FreshBooks offers industry-specific accounting software that simplifies finances and boosts efficiency, allowing you to focus on what truly matters. Visit our industry pages below to learn how FreshBooks can fulfill all your accounting needs!
Trades and Home Services
Creative Professionals
Specific Professions
Specialized Industries
Online and Digital Services
Resources to support landlords
How Is Rental Income Taxed? Understand Rates and Deductions
10 Rental Property Tax Deductions
Top 11 Landlord Tax Deductions
Frequently asked questions
Rental property management software like FreshBooks is the best to keep track of rental properties. It offers features like income and expense tracking, automated invoicing, and financial reporting, which simplify rental property accounting.
The best accounting method for rental property is accrual accounting. This method recognizes income and expenses when they’re earned or incurred, providing a more accurate view of your property’s financial status.
Rental property accounting software should include features like income and expense tracking, automated rent collection, financial reporting, tax preparation assistance, and the ability to manage multiple properties.
Rental property accounting software helps with tax preparation by organizing financial data, tracking deductible expenses, and generating reports. This simplifies the process of filing taxes and ensures accuracy.
Yes, FreshBooks automates rent collection. It offers features like automated invoices, online payment options, and reminders to help landlords collect rent efficiently and on time.
Accounting software improves cash flow for landlords by automating invoicing and rent collection, reducing late payments, and providing real-time insights into income and expenses. This helps landlords manage their finances effectively.
