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 […]

The best way to stop a transaction from counting against either your income OR your expenses is to classify it as a “Transfer”. Common tasks that often fall into this category include moving money from one account to another, or making a credit card payment. See also: What are ‘Other’ Categories?

Rentastic uses a third-party service called Plaid to link to your bank accounts and other financial institutions, in order to import transactions. Although it’s rare, there may be times when the transactions loaded into Rentastic don’t match those at your bank. Most often, this is due to your bank not reporting new transactions to Plaid, […]

Making a credit card payment or bank transfer should be classified as a “Transfer”. This ensures that the transaction is not double-counted at the end of the year, come tax time. See below for the following example: On 5/6, a deposit was made into the bank account in the amount of $3,232.54. On that same […]