Knowledge Base
REI Hub
Knowledge Base
Recent Articles
The Mileage Log
As a rental property investor, you can typically claim mileage deductions for your local travel to manage or maintain your properties. REI Hub helps you manage and claim this valuable deduction with the Mileage Log. If you track mileage outside of ...Marking Properties as inactive
The REI Hub system allows users to mark Properties that are no longer being used as 'inactive.' Properties are most commonly marked as inactive after they have been sold. After being marked inactive, a property will no longer display on the ...How to enter a refinance in REI Hub
For many real estate investors, refinancing investment homes is a normal part of the process. Refinancing can help you take advantage of better interest rates for a lower monthly payment, or to pull cash out after the property has risen in value. ...Accounting for flips in REI Hub
Accounting for fix and flips in REI Hub is similar to rentals, but with a few key differences. At the most basic level, you will add the property in question to the system, and assign transactions to it, just like the basics of rental property ...How to enter a property sale in REI Hub
This article details how to create a journal entry for a recent property sale and enter it into REI Hub. Manual Journals are used for property purchases, sales, and refinances as these are all complicated transactions touching multiple accounts, and ...
Popular Articles
Creating a new Fixed Asset
REI Hub makes it easy to track your Fixed Assets and Accumulated Depreciation. Fixed Assets include your rental property as well as capital improvements you make to the property (such as a substantial renovation or a new HVAC system). After a Fixed ...Updating the Chart of Accounts
REI Hub allows you to add additional accounts and sub-accounts to your Chart of Accounts. Some important things to know: To ensure the Schedule E report works correctly, create new Revenue and Expense Accounts as sub-accounts beneath the existing ...Booking a manual transaction
You may want to add a transaction manually if you choose not to link your bank accounts, or if the transaction involves an account not typically used for your real estate business. To book a transaction manually 1) Click on Add Transaction The Add ...Adding a Linked Account
Linking a bank account is a powerful and convenient way to save time and eliminate manual data entry. REI Hub is able to receive a read-only transaction feed that is presented in the 'Import Feed' tab for your categorization and approval before they ...REI Hub Overview and Getting Started Guide
Ready to level up your bookkeeping with REI Hub? Great! Whether you just purchased your first investment property or your twentieth; REI Hub’s real estate and rental property accounting software will save you time, stress, and money! No matter how ...