SoFi Statements + Landlords Workflow
As landlord, you regularly handle SoFi bank statements. Landlords managing multiple properties need to track rental income and expenses from bank statements for tax returns.
BankScan AI: SoFi to Excel for Landlords
BankScan AI converts SoFi statements to Excel automatically — handling MM/DD/YYYY and modern digital banking format with Date, Description, Amount, and Balance columns, plus Vaults savings goal tracking. Convert your bank statements to Excel to easily categorise rental income, maintenance costs, and mortgage payments for self-assessment.
About SoFi Statement Format
SoFi's digital-first banking statements include Vaults, direct deposit details, and cashback tracking. BankScan AI extracts all transaction data from SoFi's modern format.
SoFi Statement Quirks
SoFi uses MM/DD/YYYY with modern digital banking format with Date, Description, Amount, and Balance columns, plus Vaults savings goal tracking. Common issues: Vaults (savings goals) transfers create internal transaction pairs that can inflate totals, SoFi Invest brokerage sweep transfers appear as banking transactions, and the high-yield APY interest entries may appear daily or monthly depending on account settings. BankScan AI handles all of these automatically.
How Landlords Handle SoFi Statements
When working with SoFi statements, landlords need to Landlords review bank statements to confirm tenant rent payments have been received, match maintenance invoices against bank debits, track mortgage interest payments for tax relief calculations, and c
Key terms you'll encounter: rental yield, Section 24, allowable expenses, wear and tear allowance, capital gains.
How It Works
Upload SoFi statement
Drag and drop your SoFi PDF. Supports PDF. Our AI handles MM/DD/YYYY automatically.
AI parses the statement
Our AI understands SoFi's modern digital banking format with Date, Description, Amount, and Balance columns, plus Vaults savings goal tracking and extracts every transaction with 99%+ accuracy.
Use in your landlords workflow
Download Excel ready for Excel, Hammock or direct analysis.
SoFi + Landlords Features
- Vaults savings goal — transfers are itemised with the vault name and target amount
- SoFi Invest and — SoFi Relay cross-product references appear in transaction descriptions
- Built for Landlords — Saves 1-2 hours per property per month on income and expense tracking, with portfolio landlords saving a full day each month across 10+ properties
- Software compatible — Output works directly with Excel, Hammock, Landlord Vision
Convert SoFi Statements — Built for Landlords
Handles MM/DD/YYYY dates, modern digital banking format with Date, Description, Amount, and Balance columns, plus Vaults savings goal tracking, and PDF formats automatically.
Convert SoFi Statements Free