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Do you struggle to accurately record all the costs of your property portfolio?

Looking for an easy way to see whether you're in profit or not?

Fed up of staring at a drawer full of receipts?!



With RITA4Rent’s Property Record Keeping App you can now keep thorough and complete records of your property whether for business purposes or just your own personal portfolio. In addition, it is good practice to separate records between properties, especially if you let more than one.

Although the App enables you to keep complete records, it has been designed so that simplicity is the key and is designed and most suited to small portfolio landlords not requiring the intricate depth of more complex and expensive software packages.

As well as recording your income and expenditure, you can also email yourself spreadsheet exports ready to send to your accountant, or even RITA4Rent if they are your current tax advisors!

Who are RITA4Rent? RITA are specialists in property tax. With clients ranging from 1 property starters, to large portfolio landlords, the RITA4Rent team are dedicated to working with landlords to order their taxes in the most efficient manner. As well as being partners of Residential Landlords Association and the Property Tribes, RITA4Rent have also been featured in numerous media outlets and contributed to several articles, such as in the Guardian, the Daily Mail, Letting Agent Today, Simply Business, Endsleigh Insurance and Aldermore Bank. RITA4Rent are also property investors and landlords, and therefore appreciate the concerns and issues arising as well as the tax efficiencies and planning opportunities available.

Keeping accurate records will benefit you in many ways, such as:

· Having a greater understanding of your income, costings and profits.
· Being ready for any HMRC enquiries into your records.
· Reducing accountancy and tax advisory fees.
· Easily identifying deductions available when calculating your capital gains tax.
· The 2016-17 RITA Property Record Keeping App is useful if you are an inexperienced landlord, serving as a tool to monitor different costs involved in letting your property and what financial responsibilities you have.

RITA4Rent’s Property Record Keeping App will help you manage your properties and enable you to understand which costs are proving the most expensive and where you could be saving money. The sheet can also be used to calculate the return on investment of each property and help model the potential risk or reward of investing in an additional property in the future.

The costs categories covered include:

· Overall Income
· Ground rent, insurance, rates, utilities
· Property Repairs and maintenance
· Mortgage and Loan Interest
· Legal and Professional Fees
· Services e.g. Cleaning, Gas Safety Checks
· Other Expenses
· Capital Expenses and Improvements

We are also currently future proofing the app, ready for when HMRC digital accounts becomes the norm in a few years time.

Download today for free and take control !

0800 1 22 33 57

Content rating: Everyone

Requires OS: 4.2 and up

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