Entering your historical acquisition, capital expense, and loan data helps refine your dashboard insights and financial reporting.
Confirm Acquisition Details
Why it matters: Keeps your property and portfolio dashboards accurate, including Cash-on-Cash Return and other performance metrics.
To update your property details:
Go to your Property Dashboard using the dropdown menu at the top.
Click the ⋮ (three dots) on the right side and select Edit Property Details.
Confirm and update these fields:
Acquisition Date: The closing date when you officially took ownership.
Acquisition Price: Total purchase cost, including associated fees.
Date Placed in Service: When the property was ready to rent or use.
Bring Your CapEx Schedule Current
Why it matters: Properly categorizing historical capital improvements keeps depreciation and basis tracking accurate.
On the Transactions page, click + Add, choose the Capital Expenses category, and enter past capital projects, such as:
Renovations
Plumbing or electrical upgrades
New doors, windows, flooring, etc.
Recording closing costs added to basis
Enter a single Capital Expense line item called "Closing Costs Added to Basis," dated on your acquisition date. This includes costs like:
Seller-owed property taxes (that you paid)
Owner’s title insurance
Legal, recording, or survey fees
Note: Loan fees aren’t part of the cost basis. They’re amortized separately.
For more detail, see How to Track Capital Expenses.
Confirm Your Loan Details
Why it matters: Accurate mortgage info powers your equity and loan balance metrics.
To add or edit loans:
Go to the Financials & Assets tab on your property page.
Find the Mortgage card. To add a new mortgage, click Add and choose to connect a bank account or add manually.
To update a mortgage, click the ⋮ (three dots) on the Mortgage card, select Edit, update the loan terms, and click Save.
For more detail, see How To Connect Mortgage Accounts.
Add or Import Historical Cash Flow Data
Why it matters: Helps you see investment performance over time, even before you started using Stessa.
Choose one of these methods on the Transactions page:
Option A: Net cash flow only. Add a manual "Income" transaction dated Dec 31 for each year, reflecting your net cash flow (after debt, before taxes).
Option B: Gross income + operating expenses. Add individual "Income" and "Operating Expense" transactions per category (based on your Schedule E), dated Dec 31 each year.
Option C: Import detailed data. Use the upload method to import past transactions.