Baselane is a well-built tool โ for American landlords. It runs on US bank accounts, reports in USD, and has no support for Interac, the CRA T776, or Canadian mortgage math. If you're a Canadian landlord, it's not built for you.
Try Estate Ledger Free โ60-day free trial ยท No credit card required ยท Cancel anytime
Baselane's core product is a US landlord banking account โ a feature that simply isn't available to Canadian landlords. Its property management layer is designed around ACH payments, US bank feeds, and IRS Schedule E expense categories. There's no Interac e-transfer detection, no CRA T776 mapping, and no support for Canadian semi-annual mortgage compounding.
That's not a knock on Baselane โ it's a well-built product for the US market. Estate Ledger was built for yours.
| Feature | Baselane | Estate Ledger |
|---|---|---|
| Currency | USD | CAD |
| Tax form | IRS Schedule E | CRA T776 |
| Expense line mapping | US categories | T776 line numbers |
| Interac e-transfer detection | No | Yes |
| Bank feed | US banks only | Interac + email parsing |
| Mortgage compounding | Monthly (US standard) | Semi-annual (Canadian law) |
| Rent receipts | No | Yes โ auto-generated |
| Data stored in Canada | No | Yes |
| Built for Canadian landlords | No | Yes |
Estate Ledger was built Canadian from day one โ not retrofitted for the CRA after the fact.
60-day free trial. No credit card. We'll help you get set up โ data import included.
Start Free Trial โSwitching from Baselane? Book a free setup call โ