Problems We Solve
Disorganized Expense Records
Replace physical receipts and scattered spreadsheets with a centralized system that captures, categorizes, and stores all property expenses in one place.
Inaccurate Profit Calculation
Track every cost associated with your properties to calculate true ROI and make data-driven decisions about which properties are most profitable.
Tax-Time Stress
Eliminate last-minute scrambling for expense documentation with organized, categorized records and reports that make tax preparation straightforward.
Cross-Property Cost Analysis
Compare expenses across multiple properties and identify trends or outliers that may require attention or indicate opportunities for cost savings.
Comprehensive Expense Management Features
Log expenses manually or through bank connection
Categorize expenses (repairs, utilities, taxes, etc.)
Assign expenses to specific properties/units
Upload and attach digital receipts/invoices
Set up and track recurring expenses
Schedule future expenses and payments
Generate detailed expense reports
Filter expenses by category, property, or date range
Calculate expense totals by property or portfolio
Export data for accounting software or tax filing
Track expense trends with visual charts
Set spending alerts and budget monitoring
Simplified Tax Preparation
SpotLetting's expense tracking system is designed to make tax season stress-free:
- •Automatically categorize expenses into tax-deductible groups
- •Generate tax-ready reports with just a few clicks
- •Export data in formats compatible with common tax software
- •Store digital copies of all receipts for audit protection
- •Track depreciation schedules for capital improvements
- •Split expenses between personal and business use when needed