Property Management Software for US Landlords & Investors 🇺🇸

Built for American real estate portfolios. Streamline rent collection, track leases in USD ($), safeguard security deposits in compliance with state escrow laws, and export audit-ready IRS Schedule E reports for your CPA in one click.

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Free forever up to 5 units • No credit card required • 100% cloud secure

Designed for US Rental Real Estate

Stop losing hours to scattered spreadsheets & shoebox receipts

From single-family buy-and-holds to multi-family apartment communities, manage every dollar with institutional rigor.

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IRS Schedule E Ready

Automate line-by-line categorization for Form 1040 Schedule E: repairs, mortgage interest, insurance, property taxes, and HOA dues.

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1099-NEC Vendor Ledger

Track payments to handymen, plumbers, and contractors. Flag recipients crossing the $600 threshold for seamless tax filing.

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State Escrow Compliance

Manage security deposit trust accounts, automate 21/30-day statutory refund countdowns, and generate itemized deduction statements.

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LLC Partnership Splits

Co-own rentals in an LLC or syndicate? Automatically split net rental income by ownership percentage with audit-ready K-1 data.

Automated IRS Schedule E (Form 1040) Tax Accounting

Tax preparation for rental properties is historically tedious. MyProperty maps every dollar of income and expenditure directly into standard IRS Schedule E categories, so your CPA can complete your return without back-and-forth reconciliations.

  • Line-by-Line Form Mapping: Automatically categorizes Line 5 (Advertising), Line 7 (Cleaning & Maintenance), Line 9 (Insurance), Line 12 (Mortgage Interest), Line 14 (Legal & Professional), Line 16 (Taxes), and Line 17 (Utilities).
  • Separate Capital Improvements vs. Repairs: Easily distinguish between deductible routine repairs and capital expenditures requiring multi-year MACRS depreciation.
  • One-Click Tax Packet Export: Generate property-by-property annual Profit & Loss summaries and expense ledgers ready for TurboTax or your tax accountant.
📄 IRS Schedule E Annual Tax Summary
Line 3: Total Rents Received$36,000.00
Line 7: Cleaning & Maintenance-$1,420.00
Line 9: Homeowner / Property Insurance-$1,850.00
Line 12: Mortgage Interest (Form 1098)-$8,940.00
Line 16: Local Property Taxes-$4,200.00
Line 21: Net Rental Income (Loss)+$19,590.00

1099 Contractor Tracking & State Security Deposit Escrow

Stay on the right side of federal 1099 filing rules and state-mandated security deposit trust requirements without expensive accounting software.

  • Vendor 1099-NEC Threshold Tracking: Keep records of handymen, plumbers, and contractors. When annual payments cross $600, MyProperty alerts you to collect Form W-9 and pre-fills your 1099 summaries.
  • State Trust Account Segregation: Designate dedicated escrow bank accounts for tenant security deposits to satisfy strict state statutory laws (e.g., California, New York, Florida).
  • Automated Refund Countdown Timers: Receive alerts 14, 21, or 30 days following move-out to ensure you never miss your state's statutory security deposit return deadline.
🛡️ Security Deposit & 1099 Ledger
Unit 4B (Move-Out: Oct 15)8 Days to Statutory Deadline
Deposit Held (Escrow Acct #4829)$2,400.00
Less: Itemized Carpet Cleaning (Receipt #81)-$250.00
Balance Due to Tenant$2,150.00
Contractor Apex Plumbing: YTD $1,450.00 (W-9 on file • 1099-NEC flagged)
Transparent US Dollar ($) Pricing

Simple, fair pricing with zero onboarding fees

Start completely free for your first 5 units. Upgrade only as your real estate portfolio scales.

Starter Plan
$0 / month

Free Forever • Up to 5 Units

  • Manage up to 5 rental units
  • Lease tracking & renewal alerts
  • Income & expense logging
  • Security deposit tracking
  • Mobile-friendly cloud access
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Professional Tier
$1.50 USD / unit / mo

Save 10% when billed annually ($1.08 / unit / mo)

  • Unlimited residential & commercial units
  • Automated IRS Schedule E tax reports
  • 1099-NEC contractor ledger
  • Automated rent due reminders (Email & SMS)
  • Multi-member LLC & co-owner split payouts
  • Priority customer support
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Frequently Asked Questions

US Landlord & Tax Compliance FAQs

How does MyProperty categorize expenses for IRS Schedule E (Form 1040)?
Every expense you log in MyProperty is automatically mapped to official IRS Schedule E line items: Line 5 (Advertising), Line 7 (Cleaning and Maintenance), Line 9 (Insurance), Line 12 (Mortgage Interest paid to banks), Line 14 (Legal and Professional Fees), Line 16 (Taxes - property taxes), Line 17 (Utilities - water, sewer, trash, gas, electricity), and Line 19 (Other expenses such as HOA dues and software). At tax time, generate a one-click Schedule E annual summary report ready for your CPA or TurboTax.
Does MyProperty track payments to contractors for 1099-NEC tax filings?
Yes. You can create vendor and contractor profiles with their Taxpayer Identification Number (EIN or SSN), business address, and W-9 verification status. As you log maintenance and repair invoices, MyProperty aggregates cumulative payments across the tax year. When annual payments to an unincorporated contractor exceed $600, the system flags the account and exports an audit-ready 1099-NEC payment summary.
How does the software handle state-specific security deposit escrow rules?
MyProperty allows you to designate designated bank account profiles for security deposits to support state trust account segregation requirements (such as in New York, Florida, and Massachusetts). The system also features statutory countdown timers configured for state refund deadlines (e.g., 21 days in California, 30 days in Texas, 14 days in Washington) and automatically produces an itemized deduction statement for repairs beyond normal wear and tear.
Can I track multi-member LLC property partnerships and co-owner distributions?
Yes. MyProperty includes native co-ownership accounting for multi-member LLCs, family syndications, and joint real estate partnerships. You can allocate custom equity percentages to each partner or LLC member. The software automatically splits net monthly rental proceeds, tracks capital contributions, and exports distinct financial ledgers for Form 1065 / Schedule K-1 partnership tax filings.
Does MyProperty support both residential leases and commercial Triple Net (NNN) properties?
Yes. MyProperty manages single-family rentals, multi-family apartment communities, condominiums, and commercial real estate (office, retail, and industrial). For commercial tenants, the platform supports Triple Net (NNN), Modified Gross, and Base Year Stop expense structures, calculating pro-rata Common Area Maintenance (CAM), building insurance, and property tax pass-throughs automatically in USD ($).

Simplify Your US Rental Portfolio Today

Stop stressing over tax time and late rent. Manage your units, track expenses in USD, and generate Schedule E reports seamlessly.

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