Rentastic: Accounting & Tax

Rentastic: Accounting & Tax

Rental expenses made easy

17 ratings
12 reviews
Free

Details

  • Released
  • Updated
  • June 25, 2020
  • December 12, 2024
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About

This app simplifies financial management for real estate investors by tracking and categorizing rental income and expenses. It provides detailed reports and profitability insights to help investors understand their portfolio's performance and make informed decisions.

Automated income and expense tracking
Link bank accounts for transaction import
Generate property performance reports
Attach receipts to transactions
Calculate Cap Rate and NOI
User-friendly dashboard
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What's New in Rentastic

3.8.1

December 12, 2024

- Bug fixes - Performance improvements

User reviews

Don’t use it if you want to get your information back out.

The concept of the app is good, it’s easy to enter and categorize.

The problem comes about now when I have a whole bunch of information entered and the app has stopped functioning.

All that time spent entering information I now have to replicate in a different app or spreadsheet.

Your call if you give it a try, but I’m super frustrated.
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Many bugs and technical issues

This app and software constantly fails. Bank accounts will get randomly unlinked and many times it will miss information and other times you will get duplicates. The app will stop working and you’ll have to delete and reinstall it for it to work again. Needs a lot of work to be worth paying for it. Not reliable.
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What a disappointment

We purchased their product so that we could test it with all the functionality. We had been working with their text support trying to get it to do what we needed. Once we determined that it wasn’t going to work for us we were told that we could not get a refund because we had used it for 13 days. We paid for a whole year, if you want to work with a company that would do this to a customer your making a big mistake. They should be ashamed I would avoid this app like the plague!!!!!!!!!!
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Buggy and a headache to use

If you have more than one property and bank account, do not use this software. It routinely duplicates account and expenses and will eat up your time and patience. The features are very limited. Simply not suitable for anyone that takes their portfolio seriously.

Buggy, not robust, more headache than not

If you are a serious investor, I would steer clear of this software. If you are a passive investor with one property and one bank account, then this might be the solution for you. But it becomes a mess when you have multiple bank accounts and properties. The software routinely duplicates accounts and expenses requiring you to manually fix. It doesn't look like it's improving much either.
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FAQ

What is Rentastic?

Rentastic is a powerful accounting software designed for real estate investors to track and categorize rental income and expenses. It helps users understand their portfolio's profitability and make informed decisions.

Is Rentastic free to use?

Yes, Rentastic is available for free. There are no upfront costs to download or use the core features of the application.

What devices does Rentastic support?

Rentastic is available on iPhone and iPod devices. It is designed for users who prefer to manage their finances on the go.

How does Rentastic help with taxes?

Rentastic simplifies tax season by providing detailed performance reports for individual properties and comprehensive financial statements. Users can also attach receipts to transactions for easy record-keeping.

Can Rentastic link to my bank accounts?

Yes, Rentastic allows you to link your bank accounts to automatically import income and expenses. This feature reduces manual data entry and keeps your financial data organized.

What kind of profitability insights does Rentastic offer?

Rentastic offers built-in calculations for Cap Rate and Net Operating Income (NOI). These metrics help investors assess the financial health and performance of their real estate investments.

How often is Rentastic updated?

The latest version of Rentastic is 3.8.1, and it was last updated on December 12, 2024. This indicates regular updates to improve functionality and reliability.

Does Rentastic have ads?

No, Rentastic does not contain advertisements. Users can enjoy an ad-free experience while managing their rental property finances.