Baselane vs STRLedger

Baselane’s integrated banking and bookkeeping platform automates repetitive, manual financial tasks, so managing money for multiple properties doesn’t get in the way of your weekends. *Trusted by 50,000+ real estate investors* Banking that gets the way real estate works Say goodbye to one-size fits-all banking and get unlimited property-specific accounts for all of your entities under one login • Open unlimited property-specific checking and savings accounts in minutes • FDIC insurance up to $3M1 via Thread Bank • Earn high Annual Percentage Yield (APY)2 on savings • Bank without monthly account maintenance fees or minimum balance requirements Bookkeeping that happens as you bank Ditch manual expense tracking for good. Sync, sort, and report all of your rental property transactions - automatically. • Automatically categorize transactions to a specific property and expense category - AI and auto-tagging rules available via our web app • View all transactions across Baselane and connected accounts and cards in one centralized, organized ledger • Get real-time cash flow insights and tax-ready reports for smarter, faster investing decisions Cash flow on cruise control Get every dollar where (and when) it needs to go without getting in the middle. • Automatically collect rent, late fees, and deposits from Airbnb, VRBO, and Booking.com directly into your Baselane account • Schedule recurring and one-time payments via ACH, wire or check • Save all your payees and vendors to easily send money and make disbursements - - - Baselane is a financial technology company and is not an FDIC-insured bank. Banking services provided by Thread Bank, Member FDIC. FDIC deposit insurance covers the failure of an insured bank. FDIC insurance is available for funds on deposit through Thread Bank, Member FDIC. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply. The Baselane Visa debit card is issued by Thread Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa cards are accepted. 1 Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when Thread Bank places them at program banks in its deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://thread.bank/sweep-disclosure/ and a list of program banks at https://thread.bank/program-banks/. Please contact customerservice@thread.bank with questions on the sweep program. Pass-through insurance coverage is subject to conditions. 2 Total balances across Checking Accounts and Savings Accounts are used to calculate APY tier, but only money in Savings Accounts is eligible for interest. Rates are variable and are subject to change after account opening. An APY bonus is applied to accounts that collect rent via Baselane banking within the prior calendar month.

STR Ledger is the bookkeeping app built for hands-on short-term rental hosts — including hosts on Airbnb and VRBO — who want clean records and a documented case for the IRS 100-hour material-participation test. TWO TOOLS IN ONE Most host apps track income OR time. STR Ledger does both, so your numbers and your active hours live in one place at tax time. TRACK EVERY BOOKING - Log each reservation's gross income, platform fees, cleaning, and other costs - See net income per booking and across the year - Works across multiple properties CLOCK YOUR 100 HOURS - Built-in stopwatch logs your active management time as you clean, fix, message guests, and restock - A running tally shows your progress toward the 100-hour mark - Add time manually whenever you forget to hit start TAX TIME, SORTED - See your year summarized by Schedule E line - Export a clean CSV or PDF report — with your active-hours tally — for your tax preparer STR LEDGER PRO - Track unlimited properties - Full Schedule E line-by-line breakdown - CSV + PDF tax report export - Removes ads PRIVATE BY DESIGN Everything stays on your device. STR Ledger never connects to a booking platform or a bank. Free users can preview Pro by watching a short ad. STR Ledger shows non-personalized ads only and never tracks you. IMPORTANT: STR Ledger is a bookkeeping and time-logging tool, not tax advice, and is not affiliated with Airbnb, VRBO, or the IRS. The material-participation rules (including the 100-hour test) are complex and fact-specific — confirm your eligibility and Schedule E treatment with a qualified tax professional.