RentalOps Description

RentalOps serves as a bookkeeping solution tailored for Canadian landlords, helping them efficiently manage their rental income and expenses for tax obligations. The software allows users to monitor revenue and expenditures by each property, keeps digital copies of receipts, and classifies costs according to the CRA T776 guidelines. This enables landlords to assess profit and loss on a property basis, maintain thorough records throughout the year, and prepare T776 summaries ready for their accountants. Additionally, RentalOps provides assistance in tracking capital cost allowance (CCA) to ensure compliance and accurate reporting. Designed with rental-specific categories, it minimizes the need for landlords to manually adjust general accounting categories when preparing their tax documents. The application specifically targets part-time landlords and those owning small rental portfolios, typically encompassing one to ten properties. With features that allow users to input rental income, allocate expenses to the correct property and tax classifications, and keep organized receipt records, RentalOps streamlines the process of rental-income reporting for Canadian landlords, enhancing their financial management experience. Ultimately, this software not only simplifies bookkeeping but also empowers landlords to stay organized and compliant with Canada’s tax regulations.

Pricing

Pricing Starts At:
CA$6.99/month
Pricing Information:
The Starter plan is CA$6.99/month for 1 property. Core is CA$9.99/month for up to 5 properties, and Pro is CA$19.99/month for unlimited properties. Yearly billing saves 20%, and each plan includes a 7-day free trial.
Free Trial:
Yes

Integrations

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Company Details

Company:
RentalOps Canada
Headquarters:
Canada
Website:
www.rentalops.ca
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Product Details

Platforms
Web-Based
Customer Support
Online Support

RentalOps Features and Options

Bookkeeping Software

Bank Reconciliation
Cash Management
Expense Tracking
Fixed Asset Management
Tax Management

RentalOps User Reviews

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