Rental Income & Expenses
Tax Organizer
Please bring completed 1098s showing mortgage interest and
property tax paid to your tax appointment.
Fill out one worksheet for each rental unit.
For new clients only: If you are a new client, we'll need information about prior depreciation.
Please bring the depreciation worksheet from the previous year's tax return. If you converted the
property to a rental this year, we'll need to know what you paid for it originally, when you purchased
it, and the fair market value of the property at the time of conversion.
Property Name Property Address
Property type
House
Condo
Apartment
Land
Other
Income
Rent received $
Security deposit received $
Any other income or reimbursements related to this rental $
Expenses
Advertising $
Cleaning and maintenance $
Commissions $
Insurance $
Legal and professional fees $
Management fees $
Client's name
$
$
$
$
$
$
$
$
Interest paid not shown on 1098s
Repairs Supplies, hardware, etc.
Tools (under $2,500 each)**
Property tax not shown on 1098s
Utilities
Condo, HOA or gate fees
Cell phone (business portion only)
Internet (business portion only)
Home warranty
Travel
Air
Hotel
Ground
Meals and entertainment
$
$
$
$
$
$
* Improvements over $2,500 each:
Please provide list describing each repair and improvement made, amounts paid, and date
improvement was put in place. Note that there are important differences between repairs and
improvements; please discuss with us if you are not certain.
** Tools and equipment over $2,500 each:
Please provide list of the items, amounts paid, and dates purchased.
Other expenses
$
$
$
$
$
Transportation
If you have used your vehicle for rental purposes, please provide the following:
Year, make and model Total miles this year Business miles