Understanding Custom Categories (Chart of Accounts) for Real Estate Investors For residential real estate investors, managing finances effectively is crucial. One key aspect of this is setting up a well-organized chart of accounts, which includes custom categories for assets, liabilities, and equity. This setup is essential for accurate financial tracking, reporting, and decision-making. What Are […]

Rentastic recently introduced a new feature enabling users to effortlessly change category type between expense and income. By default, most categories are categorized as “Expenses,” and these defaults remain unmodifiable. However, for those seeking custom categories, whether designated as income or expense, Rentastic offers a straightforward process. To shift your category type from expense to […]

Managing a portfolio with multiple properties in Rentastic can sometimes mean dealing with income and expenses that affect all of your properties. In such cases, you may wonder when to classify a transaction under the “Entire Portfolio” category and how that affects your reports. In this guide, we’ll walk through the logic behind the “Entire […]

When using Rentastic, you can add custom transaction categories to organize your financial transactions. However, it’s important to note that this feature is only available to paid members of Rentastic. To add a custom transaction category, follow these steps: Start by selecting the “Transactions” option from the left-hand side menu of the Rentastic platform. This will […]

We’d love to hear your ideas on how to improve Rentastic. You can submit a feature request by filling up the form here. We take these requests very seriously, so please let us know what you’d like to see, and there’s a high probability that you could see the feature in a future release of […]