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Landlord spreadsheet vs books by door

Updated 2026-09-11 · Not tax advice

A landlord spreadsheet is enough for one door if you update it every week and your categories already match Schedule E. Most sheets fail in January: mixed doors, deposits counted as rent, and buckets like “misc” that are not a line on the form.

What a usable sheet needs

One row per transaction. A property column. Categories that map to Schedule E lines 3 and 5–19. Deposits in their own column. Mortgage interest left for the 1098. Depreciation tracked somewhere else — or left for the CPA.

When the sheet breaks

Two or more doors, a mid-year refinance, or a January cleanup. That is when people look for rental property bookkeeping that already stores books by door.

What RentLedger is instead

You type the same numbers you would type in a sheet. The app keeps them on the property. Who is late reads those books. The Schedule E download is one column per door. No bank login. You can still export a CSV if you want a sheet again.

See sample books. Try it free.

RentLedger.pro — web books + Schedule E file included, no bank login, for US DIY landlords.