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Landlord Studio is the Xero alternative for landlords who want rental property accounting built for their portfolio, not a general business ledger they have to reshape around units and leases. Online rent collection, tenant screening, automated bank feeds, AI receipt scanning, and one-click Schedule E reports come standard — and a native Xero integration is there if you want to keep your wider business books in Xero too.
Compare Landlord Studio vs Xero and the difference comes down to what each platform was built to solve. Xero is general small business accounting software — a powerful double-entry ledger for any service business, retailer, agency, or freelancer. Landlord Studio is built accounting-first for self-managing landlords, so online rent collection, receipt scanning, and Schedule E reporting all feed one connected set of property books. They aren't mutually exclusive: Landlord Studio even syncs to Xero, so you get rental-specific tools without giving up your general ledger.
Landlord Studio pairs full rental property accounting with the day-to-day tools landlords use most — online rent collection, tenant screening, listings, lease tracking, and maintenance. Automated bank feeds, AI receipt scanning, GPS mileage tracking, 15+ landlord-specific reports, and a one-click Schedule E export come standard on PRO at $12 a month, with a free GO plan for up to three units. And because Landlord Studio offers a native two-way Xero integration, you can push clean, property-level books straight into Xero if you also run a wider business through it.
Xero was built for general small business accounting. Its strengths are double-entry bookkeeping, invoicing, bank reconciliation, multi-currency on higher tiers, a 1,000+ app marketplace, and the new Xero OS AI layer and JAX assistant. The trade-off for landlords is that Xero isn't tailored to real estate: you customize a chart of accounts, set up properties as tracking categories, and bolt on a separate tool for rent collection, tenant screening, listings, and Schedule E prep. That's why landlords switching from Xero to Landlord Studio cite property-level reporting and built-in tenant workflows as the deciding factors, often keeping Xero connected via the integration rather than replacing it.
"I realized that QuickBooks wasn't quite sufficient and I started to look around for an affordable tool to replace my spreadsheets and chose Landlord Studio."
"We couldn't live as freely and easily without Landlord Studio. All my tenants are quite happy they get their notifications from Landlord Studio. It's dead easy."
“My dad’s 75 and has over 20 units – Airbnbs, apartments and commercial. We needed a software to help us and Landlord Studio’s been the one. It’s made it so easy for him.”
"I tested out several other programs before purchasing Landlord Studio and I'm very happy with it so far. One of my favorite features is the ability to just snap a picture of a receipt and put it in the correct rental unit expense."
“Never used software before and was worried, but Landlord Studio has been brilliant. Easy to add properties, simple to use — even my accountant loves it.”
"Managing 20 rentals alone was overwhelming, but Landlord Studio became my one-stop shop. It simplified bookkeeping, rent, leases, and taxes — even my CPA loves it."
"Landlord Studio makes property management effortless – tracks rent, expenses & tenant comms. Great for 1 or many properties, my accountant loves it too.”
"We were looking for an app to help us stay on top of everything, including the maintenance and everything in between. Landlord Studio has been great for that."
"I found Landlord Studio so much easier to understand after I looked at AppFolio, RentRedi, and Buildium. All three of them were so hard to understand."
"It has been an excellent way of tracking expenses all in one app. I had considered using AppFolio, but that was too complicated for me."
“I looked at Doorloop, RentRedi, and Appfolio and they all offer the same features, but the customer support was the absolute best on Landlord Studio.”
"I have chosen a Landlord Studio after going through several tools online. It's also reasonably priced which I like."
Tailored for landlords and property managers, Landlord Studio is a user-friendly software which offers a seamless approach to real estate accounting and property management. From automated rent collection to advanced tax reporting.
Xero is general accounting software built for small businesses across every industry. It offers deep double-entry bookkeeping, payroll add-ons, multi-currency support, and a large app marketplace, plus the Xero OS AI layer and JAX assistant. The trade-off for landlords running their own portfolio is that Xero isn't tailored to real estate, with no rent collection, no tenant screening, no Schedule E report, and no property-level reporting out of the box.
| Landlord Studio | Xero | |
|---|---|---|
| Pricing & setup | ||
| Starting price | Free for up to 3 units, paid plans from $12/mo | From $20/mo (Starter) |
| Built for | Self-managing landlords | General small business accounting |
| Setup | Rental-ready in minutes | Custom chart of accounts & tracking categories |
| Income & expense tracking | ||
| Property-by-property tracking | Unlimited, built-in | Via tracking categories (manual setup) |
| Automated bank feeds | Included | Included |
| AI receipt scanning | Included | Hubdoc capture |
| GPS mileage tracking | Built-in | Not built-in |
| Reporting & tax | ||
| Landlord-specific reports | 15+ built-in | General ledger reports only |
| Schedule E export | One-click | Not supported |
| Syncs with Xero | Yes, native two-way integration | It is Xero |
| Rent & tenants | ||
| Online rent collection | Built-in | Not supported |
| Tenant screening | Built-in (TransUnion) | Not supported |
| Listings & lease tracking | Built-in | Not supported |
| Best for | Landlords who want rental-specific books | Businesses needing a general ledger |
Landlord Studio ensures you give tenants multiple ways to pay along with the tools to ensure you get paid on time, every time.
Instantly generate and share professional reports. All our reports can be customized by date range, property, owner, expense categories, and payment categories.
At tax time, run our built in Schedule E report and share with your accountant with a few taps.
List, screen and sign documents all from the same platform without the hidden charges.
Manage your portfolio in one place and complete your end to end landlord lifecycle easily.
Manual expense tracking
Recurring expenses
Automated bank feeds
Smart receipt scanner
Automatic mileage tracker
Portfolio dashboard
Collect rent online
Receipts and reminders
Collect deposit online
Control partial payments
Tenant auto-pay
Integration with Xero
Tax reporting
Accountant collaboration
Create a listing
Manage applicants
Screen applicants
Track Maintenance Tasks
Tenant Portal
Document storage
Native iOS and Android app
From finding tenants and collecting rent to managing maintenance requests, our suite of features will help you save time and run a professional and scalable property portfolio.
Yes. Landlord Studio is a strong Xero alternative for landlords who want rental-specific accounting. It tracks income and expenses by property, includes online rent collection, tenant screening, and a one-click Schedule E export, and still syncs to Xero if you run a wider business through it.
Yes. Landlord Studio offers a native two-way Xero integration, so you can manage rental-specific bookkeeping in Landlord Studio and sync clean, property-level data into Xero. You don't have to choose one or the other.
Xero is excellent general accounting software, but it isn't built for real estate. To track rentals you customize a chart of accounts and use tracking categories, and you still need separate tools for rent collection and tenant screening. Landlord Studio handles all of that out of the box.
No. Xero has no rent collection, tenant screening, or lease tracking. Landlord Studio includes all three alongside its accounting tools.
After an April 2026 rebrand, Xero's US plans are Starter $20/mo, Standard $47/mo, and Premium $80/mo, with payroll and payments billed separately. Landlord Studio PRO is $12 a month with rental accounting included.
Landlord Studio includes a one-click Schedule E export and 15+ landlord-specific reports. Xero produces general ledger reports, so a Schedule E has to be assembled manually.
