Why splitting matters for landlords

Landlords regularly make purchases that span multiple properties — supplies, insurance, maintenance contracts, and more. If you assign the whole transaction to one property, your P&L reports are wrong. Rentastic's split transaction feature lets you divide the amount precisely, so each property carries its actual share of every expense.

How to split a transaction

  1. Open any transaction in Rentastic
  2. Click Split
  3. Enter the amount or percentage for each property
  4. Assign a category to each portion
  5. Save — each split appears as its own line item on the relevant property's P&L

You can split by dollar amount or by percentage, and each portion can go to a different property and a different IRS expense category.

All your transactions in one place

Beyond splitting, Rentastic gives you full control over every transaction in your portfolio:

Classification rules save time at scale

On the Unlimited plan, you can set up classification rules that automatically categorize recurring transactions. Your monthly pest control bill, your property management fee, your mortgage payments — set a rule once and every future transaction from that payee is categorized instantly.

Common questions

Can I split a transaction into more than two parts?

Yes. You can split a transaction into as many portions as you need — one for each property affected, each with its own category.

Does split work with bank-synced transactions?

Yes. Any transaction in Rentastic — whether imported via bank sync or entered manually — can be split.

Can I attach receipts to split transactions?

Yes. You can attach a receipt to the original transaction, and it stays associated with all split portions for a complete audit trail.

Clean books for every property, automatically

Bank sync, auto-classify, and split transactions — all in one place. 7-day free trial — no credit card required.

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