Search "accounting software for rental LLC" and you'll get a lot of results that are technically correct but practically useless. Most tools in this space were built for individual landlords — one person, one Schedule E, maybe a few properties. Add a partner and a partnership return to the picture, and the options thin out fast.
I went through most of them. Here's what I actually found.
Kulta
Best for
Multi-member LLCs and anyone who wants double-entry accounting without a steep learning curve. Also works well for solo landlords who want to grow into more sophisticated reporting over time.
Pricing: Free tier · $6/mo · $12/mo
Full disclosure — I built Kulta after hitting walls with other tools. The reason I built it is the same reason you'd want to try it: nothing else at this price handles multi-member LLCs properly. Double-entry bookkeeping, AI categorization that assigns transactions to the right property automatically, partner capital accounts, and tax-ready reports are all built in from the start — not tacked on.
It also works fine for sole landlords. The LLC features are there when you need them and completely out of the way when you don't.
REI Hub
Best for
Sole owners who want real accounting depth — a proper balance sheet, mortgage tracking, and Schedule E reports — without going full QuickBooks.
Pricing: $15/mo (14-day trial, no free tier)
REI Hub is the most accounting-complete tool in this space outside of Kulta. Double-entry, balance sheet, mortgage payment splitting — for a solo landlord, it's a strong choice and the product is mature.
The main thing to know going in: when you enter a loan balance during setup, it's a display field — it doesn't post to your books. You'll need to create a separate opening balance journal entry to make the balance sheet actually balance. It's documented, but it's buried. Also no multi-member LLC support or K-1 workflows.
Stessa
Best for
Landlords with 1–2 rentals on a personal return who want simple income and expense tracking. The free tier is genuinely hard to beat for this use case.
Pricing: Free · $12/mo · $20/mo
Stessa's free tier is the best starting point in the category for accidental landlords. Bank sync, automated categorization, online rent collection — at no cost. If you're just getting started and your tax situation is simple, it's a great fit.
Where it runs out of road: no proper double-entry accounting, depreciation is manual entry only, and Schedule E reports require a paid plan. If you have a partner or need your books to support a partnership return, Stessa won't get you there.
Baselane
Best for
Anyone who wants free landlord-specific banking with per-property accounts. Great product for keeping rental money organized. Accounting features are growing but limited today.
Pricing: Free · $20/mo
Baselane's real differentiator is the banking. Free business checking, virtual accounts per property, high-yield savings, online rent collection — all in one place. For landlords who mix rental income with personal accounts (you know who you are), this alone is worth setting up.
The accounting side is more limited: no double-entry, no balance sheet yet (it's coming), minimal depreciation tracking. Baselane can pair well with a more capable accounting tool if you want the banking benefits without compromising on the books.
QuickBooks Online
Best for
Landlords who also run a non-rental business and want one tool for everything. Hard to justify for a pure rental portfolio.
Pricing: $30–$115/mo
QuickBooks does everything, technically. But it's built for a general small business — the language is customers, vendors, invoices. Not tenants, properties, Schedule E. There's no native rental report format, no depreciation calculator, and at $30–$115/month for software that doesn't understand rental income, it's a tough sell for most landlords.
How they compare
| Feature | Kulta | REI Hub | Stessa | Baselane | QuickBooks |
|---|---|---|---|---|---|
| Double-entry | ✓ | ✓ | ✗ | ✗ | ✓ |
| AI categorization | ✓ | ✗ | Basic | Basic | ✗ |
| Tax-ready reports | ✓ | ✓ | Paid only | ✓ | Manual setup |
| Depreciation tracking | ✓ | Manual | ✗ | ✗ | Manual |
| Mortgage tracking | ✓ | ✓ | Basic | Basic | Manual |
| Multi-member LLC | ✓ | ✗ | ✗ | ✗ | ✗ |
| Partner access | ✓ | ✗ | Paid only | Paid only | ✓ |
| Balance sheet | ✓ | ✓ | Limited | Coming soon | ✓ |
| Free tier | ✓ | ✗ | ✓ | ✓ | ✗ |
| Starting price | Free | $15/mo | Free | Free | $30/mo |
The bottom line
For a solo landlord with a simple portfolio, REI Hub or Stessa will cover most of what you need. Stessa's free tier is unbeatable for getting started. REI Hub gives you more accounting depth if that matters to you.
If you own through a multi-member LLC, the picture changes completely. You need double-entry accounting, partner capital tracking, and reports that actually support a partnership return. That's a different requirement — and only Kulta is built around it from the ground up.
Free to start, no credit card, at kulta.app.