Thousands of tech-forward landlords use Baselane to automate their finances and maximize profits.
Say goodbye to spreadsheets. Save 20+ hours a month through automation and know exactly how much money you made each month.
Easily categorize transactions by property and schedule E category to stay organized. Never miss a deduction again.
Don’t stress about taxes! Auto-generated tax reports and Schedule E to share with your accountant, at the click of a button.
Seamless integration with your existing bank accounts, or open a Baselane banking account built for landlords.
Powerful reporting to stay on top of your rental property finances and maximize returns. P&L reports, cash flow statements, and more.
“Baselane’s platform is super slick. Clean, smooth, and easy. It’s like the Apple of bookkeeping for landlords”
“Once we started renovating and fixing stuff, bookkeeping became such a pain. Baselane has made this process SO much easier and cleaner.”
“Having everything in one place makes life so much easier when it comes to bookkeeping. I was using Excel before and am now a very happy Baselane customer!”
Baselane provides intuitive and easy-to-use tools to manage your bookkeeping and assess your cash flows. You can link your existing bank and credit cards accounts to automatically import and manage your transactions. Then you can categorize your transactions by property and revenue/expense category (based on Schedule E). With your categorized transactions, Baselane presents automated summaries of your cash flow by property and category over time, helping you stay on top of your day-to-day finances.
To learn more about managing your transactions, click here. To learn more about property insights and analytics, click here.
To connect a new bank or credit card account, please go to the Banking & Cards page and select ‘Add Account’ at the top right. Then, in the right slide-out, click on ‘Connect An External Account’. A popup will appear for you to connect your accounts securely using Plaid. In the pop-up, press ‘Connect an External Account’, and then ‘Continue’. Find the banking institution for the account you would like to connect. Next, enter your bank credentials – please note that we use end-to-end encryption, and therefore, your credentials will never be made accessible to Baselane. Next, select the account(s) you would like to connect to Baselane, either for importing transactions or collecting rent payments, and click ‘Save’ — your account will now be connected to Baselane.
Next, you will be taken to a slide-out where you can edit various options for your newly added account:
You can edit the account nickname.
You can choose to import your Transactions and Balances. You will have the option to import all existing transactions or only to import new transactions. In addition, you can define a rule to auto-tag all transactions from the selected account to a specific unit or property. This feature is designed to automate transaction tagging when you use a particular bank account exclusively for one property or unit. See here to read more about transaction tagging. Note that you can connect as many bank or credit card accounts as needed.
Once you’ve connected a bank account, you will be able to use this account to collect rent through Baselane. Read more on selecting a bank account for rent collection here.
Watch our quick video on How to Connect a Bank or Credit Card account for more information.
Baselane updates transaction data from your linked account(s) four times a day. If the account connection is lost for any reason, you’ll be able to manually refresh your transaction data by going into the Banks & Cards page and clicking on the ‘Re-connect Bank’ button associated with the disconnected account. This will prompt you to re-enter your banking credentials through Plaid. Once you re-enter your credentials, refresh the Banks & Cards page and the account will now be re-connected.
Baselane has built strict security and privacy controls to exceed the highest banking industry standards. Your funds are secure and available 24/7 in your Baselane account, and all Baselane accounts are FDIC insured by our sponsor bank, Blue Ridge Bank. In addition, we have multiple layers of security on our website to ensure that no one will be able to access your account or data.