Rental property accounting software for landlords
Rent lands in different accounts and bills go out for every property. Track all your rental income and expenses in one place, and see exactly where you stand when tax time comes.
Join over 5 million customers using Xero
Tools built for how landlords work
See every property clearly
Track rent coming in and costs going out for each property, so you know which rentals earn their keep.
Automatic bank reconciliation
Connect your bank and let transactions import and match automatically, so your books stay accurate.
Tax-time ready
Keep rental income and deductible expenses organized all year for a smoother Schedule E and 1099 season.
Your rental cash flow, at a glance
See income, expenses, and cash flow across your whole portfolio on a single dashboard that updates as you go
Track income and expenses for every property
Rental income and costs blur together when they hit one bank account. So which unit actually turns a profit? Xero tags every transaction to a property, so you see the numbers for a single rental or your whole portfolio at a glance.
Reconcile automatically with bank feeds
Manual data entry eats your evenings – Xero cuts it out. Connect your bank and your transactions import automatically. JAX matches the ones it's confident about, so you can reconcile the rest in a few clicks and keep your books current with less effort.
Reconcile bank transactions with Xero
Get tax-time ready
Come tax season, you need clean records of your rental income and every deductible expense. Xero keeps them organized all year, with W-9 and 1099 management and automatic sales tax, so Schedule E is far less stressful for you or your accountant.
Get paid and pay bills in one place
Accept online payments so rent comes in faster, and pay repairs and suppliers with free standard ACH bill payments powered by Melio. Everything flows straight into your books, ready to reconcile, with no separate tools to juggle.
Accept online invoice payments
Manage your properties on the go
Whether you're at a showing or checking a repair, your finances travel with you. Use the Xero Accounting app to capture receipts, check rent, and reconcile transactions from your phone in spare minutes.
Xero Accounting appSmall business accounting software
Explore Xero's full accounting toolkit for small businesses.
Manage expenses
Track and claim the property expenses that add up to real deductions.
Online invoicing
Invoice tenants and get paid online, straight from Xero.
Connect the property apps you already use
The Xero App Store has hundreds of apps for landlords and property managers — from property management to rent collection. Connect the tools you already rely on, and your rental data flows into Xero automatically.
Explore the Xero App Store
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FAQs on Xero's rental property accounting software
Yes. Xero tracks the rent and expenses for each property and connects to your bank to reconcile automatically, giving you up-to-date reports on how every rental performs.
Yes. Xero tracks the rent and expenses for each property and connects to your bank to reconcile automatically, giving you up-to-date reports on how every rental performs.
Absolutely. You can tag income and expenses to each property and report on any one of them or your whole portfolio:
- Track rent and costs per property
- Compare performance across your portfolio
- Pull a profit and loss report for any property or period
Absolutely. You can tag income and expenses to each property and report on any one of them or your whole portfolio:
- Track rent and costs per property
- Compare performance across your portfolio
- Pull a profit and loss report for any property or period
Definitely. Xero keeps your rental income and deductible expenses organized all year and manages W-9s and 1099s, so you can share tax-ready reports with your accountant. For the rules that apply to you, see tax information for businesses from the IRS.
Definitely. Xero keeps your rental income and deductible expenses organized all year and manages W-9s and 1099s, so you can share tax-ready reports with your accountant. For the rules that apply to you, see tax information for businesses from the IRS.
Even a single rental is easier to keep organized and tax-ready when your income, expenses and receipts live in one place, ready to report on whenever you need them.
Even a single rental is easier to keep organized and tax-ready when your income, expenses and receipts live in one place, ready to report on whenever you need them.
Rental property accounting software focuses on your finances: income, expenses, reporting and tax. Property management software adds day-to-day operations like listings, tenant screening and maintenance. Xero is complete accounting software that connects to dedicated property tools on the Xero App Store.
Rental property accounting software focuses on your finances: income, expenses, reporting and tax. Property management software adds day-to-day operations like listings, tenant screening and maintenance. Xero is complete accounting software that connects to dedicated property tools on the Xero App Store.
Yes. Xero's bank feeds import your transactions automatically, and JAX reconciles the ones it's confident about, so your rental books stay current with less effort.
Yes. Xero's bank feeds import your transactions automatically, and JAX reconciles the ones it's confident about, so your rental books stay current with less effort.
Get 90% off for 6 months
Get 90% off for 6 months on any Xero plan.
Pay your bills at no extra cost
Free standard ACH bill payments are now included in Xero business plans.*
Early
for the first 6 months
Then $25 per month
An easy financial foundation - track cash flow with the essentials.
- Send quotes and 20 invoices†
- Accept online invoice payments^
- 5 bills
- Reconcile bank transactions
- Smart Document Capture
- View real-time reports
- W-9 + 1099 management
- Sales tax
- Visualize performance with basic graphs
- 30 day cash flow forecast
- Make online bill payments (Domestic - Free ACH)
- Make online bill payments (Cross Border)
Growing
for the first 6 months
Then $55 per month
Go beyond the basics - automate tasks and access performance dashboards.
- Send invoices and quotes
- Accept online invoice payments^
- Automate bill entry and track bills
- Auto-reconcile bank transactions
- Smart Document Capture
- View real-time reports
- W-9 + 1099 management
- Sales tax
- Visualize performance with graphs
- 60 day cash flow forecast
- Make online bill payments (Domestic - Free ACH)
- Make online bill payments (Cross Border)
- Customize performance dashboards
- Tailored financial health scorecards
Forecast with clarity
Forecast with clarity
Established
for the first 6 months
Then $90 per month
Future proof your scaling business - with advanced tools and analytics.
- Send invoices and quotes
- Accept online invoice payments^
- Automate bill entry and track bills
- Auto-reconcile bank transactions
- Smart Document Capture
- View real-time reports
- W-9 + 1099 management
- Sales tax
- Visualize performance with graphs
- 180 day cash flow forecast
- Make online bill payments (Domestic - Free ACH)
- Make online bill payments (Cross Border)
- Customize performance dashboards
- Tailored financial health scorecards
- Analyze KPIs and ratios
- Use multiple currencies
- Track time and costs for projects
- Employee expense and mileage claims
- Benchmark against the industry
- Make online bill payments (International)
See what Xero can do for landlords and property managers
Property done properly
Simplify everyday tasks and make accounting easy with Xero, so you can feel confident in the numbers and in control of your rental portfolio.
Manage your properties anywhere
Manage all of your property finances in one place with easy-to-use online accounting software.
Keep track of property finances
Easily track your property finances in real time. See income from rent payments and deposits and outgoings from expenses and bills on your dashboard.
Automate rent collection
Connect Xero to GoCardless to seamlessly manage rent collection and make it easy for your tenants to pay you.
ERP software gives you one central system
Xero helps your enterprise resource planning (ERP) by giving you a single place to manage your finances. Data flows across Xero to update your records, from the latest rent to hit your account to in-depth figures on your property earnings. And to do more? It’s easy to connect apps.
- Integrate third-party apps with Xero – and build an ERP solution to suit your unique needs
- Find apps for managing tenant data, automating rent payments and communications, and more
- See and organize all your financial records in Xero, ready for your US tax reporting
Connect Xero to property management apps
Xero connects with industry apps for landlords and property managers. Find out more on the Xero App Store.
- App
GoCardless
No more late payments. Automatically debit your customer’s bank account whenever your Xero invoices are due.
- App
Landlord Studio
Financial tracking software that brings together all your properties, leases, accounts, tenants, and more.
- App
Re-Leased
User-friendly and automated property management software. Designed for successful property owners and managers.
Explore useful features to run your business
Xero’s online accounting software is designed to make life easier for small businesses – anywhere, any time.
Explore useful features to run your business
Xero’s online accounting software is designed to make life easier for small businesses – anywhere, any time.
*Fees apply for other payment methods.