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What is RentalOps?

RentalOps is a specialized bookkeeping tool designed for Canadian landlords, streamlining the management of rental income and expenses to meet tax requirements. This application enables users to track revenues and costs per property, store digital receipts, and categorize expenses in accordance with the CRA T776 standards. By doing so, landlords can evaluate their profit and loss on an individual property basis, maintain comprehensive records year-round, and prepare T776 summaries for their accountants with ease. Furthermore, RentalOps assists in tracking capital cost allowance (CCA) to ensure both compliance and precise reporting, which is essential for effective financial oversight. With categories specifically tailored to the rental industry, the software reduces the need for landlords to manually adjust general accounting categories when preparing their tax filings. The platform is primarily aimed at part-time landlords and those managing small rental portfolios, generally consisting of one to ten properties. In addition to helping users input rental income and assign expenses to the appropriate property and tax classifications, RentalOps also organizes receipt records efficiently. Thus, it not only simplifies the process of reporting rental income for Canadian landlords but also enhances their overall financial management experience. Ultimately, this software not only aids in bookkeeping but also empowers landlords to maintain organization and adhere to Canada's tax regulations effectively, giving them peace of mind.

What is Baselane?

Discover an all-encompassing financial solution that includes banking, bookkeeping, rent collection, and analytics, among various other functionalities. This integrated platform is specifically crafted to enhance your time management while maximizing your returns. With a single solution addressing every facet of your property finances, the stress of managing multiple logins and manual spreadsheets is a thing of the past. You can begin by either securely linking your existing bank accounts or opening a banking account specifically designed for landlords through Baselane. Our landlord financial ecosystem ensures everything is seamlessly integrated for your convenience. With just one click, enjoy the benefits of intelligent categorization using Schedule E and property tags, making your tax preparation much simpler. Gain access to all the essential tools necessary for effective cash flow management, expense monitoring, and insights into your property's performance. Tenants can easily pay their rent directly into your bank account, selecting their preferred payment methods, while you effortlessly track each transaction. Moreover, save both time and resources with tailored mortgage, refinancing, and home insurance options that cater specifically to you and your rental properties. By adopting this cohesive approach, you can significantly improve your overall efficiency in property management while also enjoying peace of mind. This holistic solution empowers landlords to focus on what truly matters: the growth and maintenance of their properties.

Media

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Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

CA$6.99/month
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 Offered?

Pricing Information

Pricing not provided
Free Version

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub
Online Training
On-Site Training

Company Facts

Organization Name

RentalOps Canada

Company Location

Canada

Company Website

www.rentalops.ca

Company Facts

Organization Name

Baselane

Company Location

United States

Company Website

www.baselane.com

Categories and Features

Bookkeeping

Bank Reconciliation
Cash Management
Expense Tracking
Fixed Asset Management
Tax Management

Categories and Features

Apartment Management

Not specified

Bookkeeping

Not specified

Property Tax

Not specified

Rent Payment

Not specified

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