Free for up to 3 properties

The average landlord overpays

$3,000–$12,000

in taxes every year. Stop.

SheltrIQ uses AI to classify every expense, apply the IRS rules a good CPA uses, and build a Schedule E that's ready to file — automatically.

No credit card Setup in 5 min Your data stays private
SheltrIQ · 42 Oak Street 2026
① Import bank file
🏠 Home Depot #4821−$847.32
🔧 ABC Plumbing LLC−$1,250.00
Rent — Unit 2B+$2,100.00
② AI classifies AI
Supplies · Line 17Deductible
Repairs · Line 14BAR: Pass ✓
③ Schedule E CPA-ready
Line 3 — Rents received$25,200
Line 14 — Repairs$4,380
Line 18 — Depreciation$12,727
Total deductions$26,220
What could you save?

Put your numbers in.

Most landlords leave depreciation and everyday deductions on the table. Drag the sliders for a rough estimate of what SheltrIQ could surface.

2
$2,000
Estimated annual tax savings
$0
First-year depreciation $0
Annual rent tracked $48,000
See your real number — free

Estimate only, for illustration — assumes a 24% marginal rate and typical price-to-rent. Your actual deductions depend on your basis, expenses and filing status.

Tax intelligence, not guesswork

The same IRS rules a good CPA uses

Applied automatically to every transaction — in plain English.

The BAR test, automated

Every expense is checked for Betterment, Adaptation and Restoration, plus the de-minimis and routine-maintenance safe harbors.

In plain English: repair (write off now) or improvement (depreciate)?

Depreciation done right

Enter a purchase price and land split; SheltrIQ builds a 27.5-year MACRS schedule with mid-month convention.

In plain English: your single biggest deduction, calculated for you.

CPA-ready Schedule E

Classified expenses flow into a Schedule E that matches the IRS form line for line.

In plain English: hand it to your CPA or drop it into TurboTax.
The #1 landlord mistake

Repair, or improvement?

Get this wrong and you overpay — or invite an audit. SheltrIQ applies the BAR test automatically.

Patched a roof leak
Repair — deduct it now

A routine fix that keeps the property operating in its ordinary condition — it restores, it doesn’t better. None of the BAR triggers apply, so you deduct it now.

SheltrIQ runs this test on every expense — automatically.

Your biggest deduction

Depreciation, year by year.

A $300,000 rental writes off its building over 27.5 years — about $8,727 every year, automatically. That's income you keep, no cash out of pocket.

Annual depreciation deduction
$8,727
Total over 27.5 yrs
$240,000
Year 1 Year 28

Illustrative — assumes 80% building basis and straight-line mid-month MACRS. First and last years are partial. Your real schedule depends on your basis and placed-in-service date.

Up and running in 3 steps

From bank file to Schedule E

No spreadsheets. No tax degree required.

1

Add your properties

Enter purchase price, land value and in-service date. We auto-create the depreciation schedule.

2

Import transactions

Upload an OFX or CSV from your bank. We parse every transaction and match it to a property.

3

AI classifies everything

Each expense lands on the right Schedule E line, safe harbors applied, issues flagged.

Watch it build

Your Schedule E, line by line.

Every classified expense lands on its IRS line and your total deductions tally up in real time — exactly the form your CPA expects.

SheltrIQ · Schedule E AI classified
Line 3 ·Rents received $25,200
Line 7 ·Cleaning & maintenance $1,840
Line 9 ·Insurance $1,460
Line 12 ·Mortgage interest $9,300
Line 14 ·Repairs $4,380
Line 16 ·Taxes $3,600
Line 18 ·Depreciation $8,727
Total deductions $0

Illustrative figures. Your real Schedule E is built from your imported transactions.

One platform · three pillars

Everything you need to maximize deductions

Tax intelligence, property management, and financial insight — in one place.

01

Tax Intelligence

AI-powered optimization that finds every deduction and keeps you compliant.

AI expense classification
BAR test: repair vs improvement
Depreciation (27.5-yr MACRS, 13 asset types)
Cost segregation estimator
Tax Health Score with fixes
Immutable AI audit trail — every classification logged & exportable
02

Property Management

Manage tenants, maintenance, and operations from one dashboard.

Tenant profiles + lease tracking
Maintenance request workflow
Rent collection + payment history
Document storage (leases, 1099s)
Multi-property portfolio view
03

Financial Insights

Data-driven decisions with real-time analytics and projections.

Cash flow analysis per property
Portfolio analytics + trends
What-if scenario modeling
Audit defense documentation
Schedule E reports for your CPA
How we compare

The only free platform with real tax AI

AI classification and BAR-test compliance — that nobody else offers free.

FeatureSheltrIQStessaBaselaneTurboTenant
AI expense classificationBasic
BAR test (repair vs improvement)
Tax Health Score
Schedule E reportsExport
Depreciation trackingDocs onlyBasic
Cost seg estimator
Quarterly tax estimate
Multi-property support
PriceFreeFree/$35$20/moFree/$99yr
Tax Health Score

See where you stand in seconds.

SheltrIQ grades your portfolio against the deductions, dates and reviews that move your return — then tells you exactly what to fix next.

0
/ 100
Strong
What to do next
  • Set an in-service date on 42 Oak St to unlock $12,727/yr depreciation
  • 3 transactions need a repair-vs-improvement review
  • You're on track for a CPA-ready Schedule E
Get your Tax Health Score — free

Illustrative score, for demonstration. Your real score reflects your properties, in-service dates, transactions and filing status.

Privacy by design

Your financial data stays yours

The AI that reads your statements runs on infrastructure we host — your records aren't shipped to a third-party model or used to train anyone's AI.

AI on our own servers Not OpenAI, not Google. Your records never leave.
Encrypted & isolated TLS in transit, row-level security per account.
Never sold, always exportable No data brokers. Export or delete anytime.
FAQ

Frequently asked questions

Is SheltrIQ really free?
The free plan covers up to 3 properties with no credit card required. Paid plans (Pro and Business) add more properties, bank sync, and PDF exports. We plan to monetize through these optional upgrades, referral partnerships, and embedded banking — never by charging for core tax intelligence.
How does AI expense classification work?
When you import bank transactions, our AI first tries rule-based matching (known merchants like Home Depot → Supplies). For ambiguous transactions, it uses a local language model to classify into the correct Schedule E line and determine if it's a repair or capital improvement using IRS BAR test rules.
What is the BAR test?
The BAR (Betterment, Adaptation, Restoration) test determines whether an expense is a deductible repair or a capital improvement that must be depreciated. Getting this wrong is the #1 tax mistake landlords make. SheltrIQ applies this test automatically plus safe harbors (de minimis $2,500, routine maintenance).
What bank formats do you support?
We support OFX, QFX, and CSV file uploads. Most banks let you download transactions in OFX format from their online banking portal. We auto-detect the format and parse transactions including date, amount, merchant, and memo.
Is my financial data secure?
Yes. Your data is encrypted in transit (HTTPS/TLS) and stored on secure, dedicated infrastructure. We use row-level security in PostgreSQL so each user can only access their own data. We never sell or share your financial information.
Can I use this with my CPA?
Absolutely. SheltrIQ generates Schedule E reports that match the IRS format. You can export and share these with your CPA or use them with TurboTax, H&R Block, or FreeTaxUSA.
What about depreciation — do I need to set it up manually?
We make it easy. Enter your property's purchase price and land/building split, and we auto-create a 27.5-year MACRS depreciation schedule with mid-month convention. You can also add separate schedules for improvements, appliances, and cost seg components.

See your Schedule E take shape

Add your properties, import a bank file, and watch the deductions add up. Free for up to 3 properties.

Create your free account →