I just closed on a rental
Start its books right, from the closing statement.
Drop it in. The address, price, loan and property tax fill in for you to check.
14 Maple CtSample
Address14 Maple CtClosing statement · p.1
BoughtMar 14, 2026Closing statement · p.1
Price$248,000Closing statement · p.1
Loan$198,400 · 6.5%Closing statement · p.1
Property tax$4,210 / yrClosing statement · p.1
Every figure opens to its line on the paper.
Your first month
1
Drop the closing statement
The property and the loan fill in. You check each figure.
2
Add the lease and the tax bill
Each paper is checked against the others.
3
Keep receipts as they come
Snap one and it sits with its entry. Premium reads it for you.
Questions
Can I change what it filled in?
Yes. Every figure is yours to change, and every edit is kept in your history.
Where does the 1098 go?
Drop it in when your lender sends it. It's checked against the loan.
Is this tax advice?
No. The Ledger keeps your books. Your CPA does the return.
Another question?
