Mirror Starter™ – Rental Property Edition – Excel Version
Take control of your rental property finances without the complexity of full accounting software.
The Mirror Starter™ Rental Property Edition from Mirror Accounting Services is a CPA-designed bookkeeping workbook created for rental property owners who need an organized, practical way to track rental income, expenses, tenant-related activity, and other property transactions throughout the year.
The workbook helps you record and organize your rental property transactions so your financial information is easier to review, understand, and use to make informed decisions about your property. Maintaining organized rental records can also help you stay tax-ready, monitor property performance, support financing requests, and work more effectively with your CPA or advisor.
We have seen firsthand how rental property owners can face challenges at tax time or when applying for financing because their rental income, expenses, deposits, mortgage activity, and supporting records are not clearly organized.
The Mirror Starter™ Rental Property Edition is designed to help you maintain clearer, more professional rental bookkeeping records without unnecessary complexity, so you can spend less time reconstructing your records and more time managing your property.
The Rental Property Edition includes:
Rental Property Transaction Register
Property / Unit Tracking
Customizable Rental Income and Expense Categories
Rental Income Categories, including rent, late fees, pet fees, parking/storage income, utility reimbursements, and other rental income
Rental Operating Expense Categories, including repairs and maintenance, insurance, property taxes, management fees, utilities, landscaping, HOA/condo fees, legal and professional fees, and other rental expenses
Monthly Rental Profit & Loss Tracker
Printable Rental Profit & Loss Statement
Simplified Rental Property Balance Sheet
Rent & Tenant Payment Tracker
Tenant Balance and Aging Summary
Rental Property Mileage Tracker
Quarterly Estimated Tax Planning Tracker
Tracking for Security Deposits and Other Tenant Deposits
Tracking for Mortgage Principal, Capital Improvements, and Other Non-P&L Transactions
Built-in Formulas and Financial Summaries
Step-by-Step Rental Bookkeeping Instructions
The Transactions section serves as the core of the workbook. Rental income, operating expenses, deposits, mortgage-related activity, capital purchases, and other transactions are recorded there and flow into the related financial reports.
The workbook also helps rental property owners properly separate items that may require different bookkeeping treatment. For example, refundable security deposits are tracked separately from rental income, and mortgage payments can be separated between interest expense and principal payments.
Designed for:
Individual landlords, sole proprietors, single-member LLCs, and small rental property owners with one or a limited number of rental properties who want a practical bookkeeping system but aren’t yet ready for full accounting or property-management software.
Important Information
It is intended to help organize and track rental property financial activity and is not a replacement for professional accounting, tax, legal, property-management, or financial advice.
One-Time Purchase: $149
Support & Additional Services
Need extra help? Workbook customization, individual training, and quarterly, mid-year, or annual financial reviews are available from Mirror Accounting Services for an additional fee.
Mirror Starter™Rental Property Bookkeeping Kit
© 2026 Mirror Accounting Services LLC. All Rights Reserved.
