Baselane review

Baselane starts from banking: each property can have its own checking account through Thread Bank, with physical and virtual Visa debit cards, spend controls and no minimum balance or maintenance fee. Because the money already sits in property-tagged accounts, the bookkeeping side has less sorting to do. The free Core plan includes property-level income and expense tracking, a consolidated transaction ledger, rent roll and tenant ledger, automated rent collection with reminders and late fees, and an accountant tax package that contains the Schedule E report. Smart, at $20 per month on an annual plan with a 30-day trial, adds AI auto-tagging to more than 120 categories, rules based on recipient or amount, automatic receipt matching, custom categories, balance sheet reports, cost segregation, shared access and two-day rent deposits. The fee table is published: same-day ACH costs 1% up to $15 and outgoing wires $15. Tenants pay 3.49% on card payments, and ACH fees of $2 to $5 are waived when rent is deposited into Baselane.

Who it is for

Investors who want a separate bank account per property and free Schedule E reports

Price

Core free; Smart $20 per month on an annual plan with a 30-day trial.

Smart $20/mo. on an annual plan
Quoted from the vendor pricing page on November 12, 2026.

Key features

• Unlimited property-specific checking and savings accounts through Thread Bank, with no monthly maintenance fee
• Accountant tax package with a Schedule E report on the free Core plan
• Automated rent invoices, reminders and late fees, with tenant autopay
• Smart plan auto-tags transactions to properties and 120+ categories and matches receipts
• QuickBooks and Xero sync listed among the banking features

Strengths and weaknesses

• Strength: Schedule E reports and property-level tracking are free on Core
• Strength: No minimum balance, account opening or monthly maintenance fees
• Strength: Smart adds balance sheet reports and cost segregation for $20 per month on an annual plan
• Weakness: Works best when rent and expenses run through Baselane bank accounts
• Weakness: Tenants pay 3.49% for debit or credit card rent payments
• Weakness: Auto-tagging rules, custom categories and balance sheets need the paid Smart plan

Key facts

• Plans: Core (free), Smart
• Free trial: 30 days on Smart
• Tenant ACH fee: $2 to $5, waived for Baselane deposits

Where it ranks

Baselane is No. 2 in our Best Accounting Software for Real Estate Investors verdict.