Income & Expense Ledger · AI Categorization 1 Credit

Tax Time Made Simple

Track every dollar in and out of your rental portfolio. AI categorizes expenses from receipts. One-click Schedule E export hands your accountant exactly what they need.

Included on all plans · AI categorization is 1 credit · Schedule E export free · All 50 states

Income & Expense Ledger · Tax Year 2026
$52,400
Total Income
$18,730
Total Expenses
$33,670
Net Income
Apr 1
Rent — 123 Oak St #1A
Income
+$1,850
Mar 28
Plumber — drain repair
Repairs
-$285
Mar 25
State Farm — landlord ins.
Insurance
-$94
Mar 20
Lowes — supplies
Supplies
-$47
Mar 15
Rent — 123 Oak St #1B
Income
+$1,600

Every property. Every dollar. One place.

Your income ledger auto-fills with every rent payment collected through VerticalRent. Add expenses manually or snap a receipt for AI to read. At year-end, you have a complete financial picture — per property.

Rent auto-logs
Every payment collected through VerticalRent is recorded instantly — no manual entry needed.
Maintenance costs sync
Jobs completed through the maintenance workflow auto-log to the expense ledger with the vendor, amount, and category.
Receipt scanning
Upload any receipt — AI extracts amount, date, vendor, and suggests the right Schedule E category.

All 14 IRS Schedule E categories

AI categorizes every expense to the right line on Schedule E — so your accountant doesn't have to.

Advertising
Zillow listing fee
Auto & Travel
Mileage to property
Cleaning & Maintenance
Turnover cleaning
Commissions
Property management fee
Insurance
Landlord insurance premium
Legal & Professional
Attorney fees, CPA
Management Fees
VerticalRent platform fee
Mortgage Interest
Bank Form 1098
Other Interest
HELOC interest
Repairs
Plumber, HVAC repair
Supplies
Hardware, cleaning supplies
Taxes
Property tax payments
Utilities
Water, trash, common area
Depreciation
Per IRS tables (reminder)

Built for how landlords actually work

Not accounting software. A landlord ledger that understands rental properties.

AI Expense Categorizer

Snap a photo of any receipt. Claude AI reads it, extracts the amount, and categorizes it by IRS Schedule E category automatically.

Per-Property Tracking

Every transaction is tied to a specific property and unit. Know your profit and loss for each address at a glance.

Income Tracking

Rent payments collected through VerticalRent log automatically. Manual income entries for payments made outside the platform.

Schedule E Export

One-click export of your income and expenses formatted for IRS Schedule E — the rental property tax form. Hand it straight to your accountant.

Year-End Tax Summary

Get a complete summary by property, by category, and by tax year. Covers depreciation reminders, mileage logging, and more.

Portfolio Profitability

See your net operating income, expense ratios, and cash flow trends across your entire portfolio — not just one property.

Stop dreading tax season

Start tracking now and hand your accountant a clean Schedule E in April.

Start Tracking Free
Income & Expense Ledger | VerticalRent | VerticalRent