Questions owners ask

Schedule E (Form 1040) is the IRS form where US taxpayers report income and expenses from rental real estate. Part I has one column per property and a line for each kind of expense: rents received, insurance, mortgage interest, repairs, taxes, utilities, depreciation, and so on.

Roof Yield files every entry under one of those lines, so the totals are ready to copy onto the form or hand to your preparer.

Yes. Add it as a property and turn off “Include in Schedule E”. Its utilities, HOA dues, property tax, and repairs are tracked like any other property, and the overview can show everything, just the rentals, or the home on its own. It never appears on your Schedule E. It counts as one of your properties on your plan.

File it under Owner’s capital. Money you move in from savings, and money you take out for yourself, is kept apart from income and expenses and never reaches Schedule E. The overview totals what you’ve put in, taken out, and the net, for the year or all time.

Two properties are free for as long as you want them, with every feature included and no card. Larger portfolios pay a flat price: $12 a month for up to 20 properties, $24 a month for unlimited, and paying for a year costs less again. Cancel any time and keep the plan until the end of the period you paid for. See pricing.

No. You download a statement from your bank’s website (CSV, OFX, or QFX) and import it. Roof Yield never asks for your bank username or password, and you choose exactly what it sees.

Any bank or card issuer that lets you download transactions as CSV, OFX, or QFX, which is nearly all of them. Roof Yield guesses the columns of a CSV and remembers the layout for the next import.

From your own data. You can teach a property words your bank prints, like a tenant’s surname, a unit number, or a street number, and Roof Yield also remembers how you filed the same payee before. Suggestions are only suggestions: every imported row waits for you to accept it.

It shows a straight-line, mid-month working from the basis, land value, and in-service date you enter (27.5 years for residential, 39 for commercial), next to the amount you record as claimed. The Schedule E summary reports what you record, so your preparer’s figure stays the one on the return.

No. Roof Yield organizes your records and adds them up by Schedule E line. It doesn’t file returns or give tax advice; check your return with a tax professional.

Yes. Settings has an export that downloads a zip with a spreadsheet for each kind of record (properties, accounts, entries, splits, rules, and more) and every file you uploaded.

Sign-in supports two-factor codes and passkeys. Every account is kept strictly separate, so no account can see another’s records. Everything travels over encrypted connections, and your records are backed up regularly.

Yes. Roof Yield runs in any modern browser, on a computer or a phone. There is nothing to install.

You can track income and expenses for property anywhere, and property types use local names in the UK, Australia, and New Zealand. The report itself is organized around the US Schedule E, so it is most useful for US tax returns.