Bank statement analysis for landlords

The problem

Rental income lands in the same account as everything else. Property expenses (repairs, insurance, mortgage interest, utilities) mix with personal spending. Come tax time you need per-property totals and a clean expense list, not a shoebox of receipts.

How Karchu helps

Karchu separates rental workflows into their own workspace, categorizes property expenses with rules you control, and exports per-category totals that map to Schedule E or your local rental tax form. Recurring costs like insurance and property management fees are tracked automatically.

Recommended workflow

1. Create a workspace per rental property or a single Rentals workspace with property tags.
2. Upload monthly statements from the rental account and any credit cards used for property expenses.
3. Categorize with property-specific rules (repairs, utilities, insurance, mortgage interest).
4. Export the year-end totals for your tax preparer.

What users say

Per-property totals in twenty minutes instead of the weekend I usually lose to it.

Related pages

• Bank statement analyzer overview
• Automatic transaction categorization
• Pricing
• Other use cases