X. RENTAL INCOME AND EXPENSE*
If you have more than two properties, download additional forms from www.flightax.com. Use yearly totals below! Send last year’s tax return with this organizer if Flightax did not
prepare your return. If you own only a portion of the property or only a portion is rented out, please include only the amounts that apply.
Property Property
Date First Used as a Rental
OFFICE USE ONLY OFFICE USE ONLY
Purchase Price of Home
$ $
Ownership %
% %
Type of Property
Property Street Address, City, State
Total Rent Received in 2018
$ $
Annual Expenses Property Property
Advertising
$ $
Travel / Hotel Expense
$ $
Cleaning / Maintenance
$ $
Insurance
$ $
Legal / Professional Fees
$ $
Management Fees & Commissions
$ $
Mortgage Interest
$ $
Real Estate Tax
$ $
Supplies
$ $
Repairs
If total exceeds $1,000–please provide
itemized list
$ $
Utilities
$ $
Telephone
$ $
Condo / HOA Fees
$ $
Lawn Care
$ $
Bank Fees
$ $
Other—Specify:
$ $
List Furniture & Equipment Purchased and Major Improvements made in 2018 (not included above)
Description of Purchase/Major
Improvement
Do not include routine maintenance or minor repair items.
Property Property
Cost
Purchase/
Improvement Date
Cost
Purchase/
Improvement Date
$ $
$ $
$ $
Important Questions Property Property
Enter the number of months that this property was available for rent this year.
List the number of days each property was used for personal use.
Did you pay anyone a fee to manage this property for you this year?
Yes No Yes No
Do you actively participate in the management of this property?
Yes No Yes No
Is the average rental period/lease for the property 7 days or less?
Yes No Yes No
Rental Comments and Other Expenses
OFFICE USE ONLY OFFICE USE ONLY OFFICE USE ONLY
OFFICE USE ONLY OFFICE USE ONLY OFFICE USE ONLY
Additional Rental Properties Worksheet
Taxpayer Name: __________________________________________ Phone Number: ________________________
