Income Tracker
Record every dollar of rental income by property and category. Rent, late fees, pet fees, parking, laundry, and more.
How the Income Tracker Works
Log every source of rental income as it comes in. Each entry captures the date, property, category, amount, description, and vendor. Supported income categories include rent, late fees, pet fees, parking, laundry, application fees, and other income. Every entry is tied to a specific property so you can see exactly what each unit generates.
- Log rent payments, late fees, pet fees, and parking income
- Track laundry, application fees, and miscellaneous income
- Each entry includes date, category, amount, description, and vendor
- All income automatically ties to the correct property
Why Track Income by Category
Different income types affect your tax reporting differently. Security deposit forfeitures, late fees, and regular rent each have their own reporting requirements on Schedule E. By categorizing income as you receive it, you always know exactly what went where at tax time. No more digging through bank statements in April.
- Security deposit forfeitures vs regular rent have different tax treatment
- Late fees and application fees are reported as other income
- Pre-categorized income eliminates year-end sorting
- Per-property income totals feed directly into Schedule E
Sample Output
See what this feature calculates for you.
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