If you own rental Realestate
This entry was posted on 2/9/2007 5:29 AM and is filed under Small Business Tips, Tax Tips.
Rental Property Tax Organizer list
If you own rental property this list is what you should bring with you for your tax appointment.
Use the following checklist, which includes the most common items reported for rental property deductions. As tax situations vary by each person’s situation you may not need all of these items or some additional information may be necessary. If in doubt please bring it!
General Information
Percentage of property rented verses used
Please bring last year’s tax return if you are new
Deduction Information
Advertising
Management Fees
Janitor / Cleaning Expense
Insurance
Real-estate taxes
Mortgage Interest
Heat
Gas
Electricity
Water & Sewer
Supplies
Painting & Decorating
Bank Fees
Major Renovations or Purchases List Separately