To access the Depreciation Tracker, open the Reports page from the left-side menu. Here you can find the respective card in the Rental / Financial / Calculators section (if the “swimlane by type” is enabled) and will be able to mark a report as favorite to move it to the top of the section.
Depreciation Tracker Overview
The Depreciation Tracker allows you to track annual depreciation for your residential or commercial rental property. This can be especially helpful during tax preparation.
Icons and Tools
At the top right corner of the Depreciation Tracker page, you’ll find the following icons:
Info Tip: Hover over this icon to read a brief description of the Depreciation Tracker.
Sharing Options: Hover over this icon to see whether a property owner has access to the tracker.
Help: Click this icon to access the full Help Center article with detailed instructions on how to use the report.
Please note: Be sure to check your subscription plan to understand the limits and features available with your current pricing tier.
How to Generate a Depreciation Report
You can generate the Depreciation Tracker report by either selecting a property from your account or entering the data manually.
Option 1: Select a Property
If you’ve already added the property and entered purchase information in the Property Profile, you can select it from the dropdown list. The following fields will be automatically filled based on what you've already entered:
Purchase Amount
Start Date
Depreciable Years
Land Value
Option 2: Enter Information Manually
If the purchase information hasn’t been added to the Property Profile, you can still generate the tracker by entering the required details manually. You’ll need to input:
Purchase Amount
Start Date
Depreciable Years
Land Value
After all fields are completed, click Calculate to generate the depreciation schedule.
You can view the depreciation schedule in a table or graph and can download both PDF and Excel files of the table, or a PDF of the graph. Press "Clear" to start over.
The Depreciation Tracker does not create any transactions and is not linked to the accounting tool. It is used only to create a depreciation schedule based on the information entered.