RentRedi allows you to generate a Schedule E report to summarize your rental property income and expenses in a format aligned with IRS Schedule E categories.
Follow the steps below to export your report! 👇
Step 1: Access the Schedule E Report
From your RentRedi Dashboard, click the Sidebar Toggle.
Select Payments, then click Accounting.
Click Reports.
Select Schedule E.
Step 2: Generate Your Report
To create your Schedule E report:
Set a filter date to define the reporting period.
Select a property from the dropdown menu.
Choosing All Properties will generate a consolidated report for your entire portfolio.
Step 3: Report Filter Options
Prorate Unassigned Transactions
When enabled, portfolio-level transactions not assigned to a specific property are evenly distributed across all properties.
Useful for expenses tracked at the portfolio level, like software subscriptions or general administrative costs.
Include Mileage Deduction
When enabled, mileage logged under the Mileage tab for trips linked to a property will be included under Line 6: Auto & Travel.
Only mileage assigned to a property is included, so make sure entries are correctly linked.
Step 4: Export Your Report
Once your filters are set:
Click Export.
Select PDF or Spreadsheet.
Done! 🎉
Your Schedule E report will download in the selected format, and you can share this with your accountant or tax professional to help with filing your taxes! 😊