You can download the Microsoft Excel spreadsheet for free, save it in a different format if you like, and customize it to fit your specific needs.
For example, the Zillow Rental Income and Expense Worksheet is a nice, easy-to-use spreadsheet for rental property accounting that is designed for landlords with 1 to 5 properties in their portfolios.
There’s nothing wrong with setting up a spreadsheet for rental property accounting, especially if you own just a few properties. Using a spreadsheet program such as Microsoft Excel, Google Sheets, or OpenOffice Calc is similar to using an electronic version of the old-fashioned pen and paper method of bookkeeping. When you set up an accounting system for your rental property you’ll have four main options to choose from: Spreadsheet Program In this article we’ll discuss the various options for rental property accounting software, how QuickBooks for landlords works, and take a detailed look at the best overall accounting and reporting software for real estate investors. That’s because real estate investors have specific needs beyond what a general-purpose, off-the-shelf accounting program can provide. While the software is good for accounting, it isn’t necessarily the best choice for rental property owners. A lot of real estate investors choose QuickBooks simply because it’s a name they are most familiar with.
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