Expense breakdowns by property and IRS category.
The Expense Report shows all money spent on your rental properties, organized by IRS categories and broken down by property.
What's included
All expenses you've logged in Bookkeeping, organized by:
- Property — see what each property costs to operate
- Category — repairs, insurance, taxes, utilities, etc. (aligned with Schedule E)
- Time period — monthly, quarterly, or annual
Tips
- Keep expenses current — the report is only as good as the data you put in. Log expenses promptly.
- Compare year-over-year — are your repair costs going up? Maybe it's time for an upgrade instead of constant fixes.
- Per-unit economics — divide total expenses by the number of units to get your cost-per-unit. Useful for evaluating profitability.
Still have questions?
Our AI assistant can help, or reach out to our team directly.