Rental Property Income/Expense Sheet

    Property address:_______________________________________City_________________  State_______

    Description of property (ex. 2bdrm House)___________________________________
    Primary owner of Property (T= Taxpayer  S=Spouse  J=Joint)____________________

    Is this a rental property?                                                   Yes__  No __

    If "Yes " was the property used for personal purposes during the tax year? __Yes   __No

    If "Yes " please complete the information below:
    •        Number of days property was occupied by you, a member of the family, or any individual not paying rent at the fair market value    +        _____________
    •        number of days the property was not occupied                         +_____________
    •        Number of days the property was actually rented                       +_____________
    Total days in the tax year                                                = ___365_______
    •        Did you actively participate in the operation of the rental during  2014?  ___Yes __No
    •        If "Yes" did you materially participate?                                            ___Yes __No
    •        Was the property acquired before 10/22/86?                                    ___Yes __No
    Income:     Rents Received $_____________
                    Royalties received $_____________    
    EXPENSES: Please list dollar amount of these expense.  Please understand that it is your responsibility to maintain receipt copies for 5yrs .
    1.  _________________________         ADVERTISING        : Type_________________
    2.  _________________________         AUTO AND TRAVEL(hotel cost, Fuel cost)        
    3.  _________________________         CLEANING        
    4.  _________________________         MAINTENANCE        
    5.  _________________________         COMMISSIONS        
    6.  _________________________         INSURANCE  * Type____________ (ex: renters or homeowners)
    7. __________________________         LEGAL AND OTHER PROFESSION FEES(ex.evictions fees)        
    8.  _________________________          MORTGAGE INTEREST PD TO BANKS        
    9. ___________________________       OTHER INTEREST        
    10.__________________________        REPAIRS        
    11.__________________________        SUPPLIES        
    12.__________________________        TAXES        
    13.__________________________        UTILITIES        
    14.__________________________        MANAGEMENT FEES        
    15.__________________________        DEPRECIATION EXPENSE        
    16.__________________________        LAWN CARE
    17.__________________________        OTHER EXPENSES        
          

    Please use next form to add additional notes for preparer to review:
    Additional information we may need to know that is not listed or additional notes you would like for us to review.
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    This information is true to the best of my ability and will be used for tax preparation purposes @Accurate Taxx llc for TAX year: ________________

    Sign_____________________________________________Date________________________________

    PLEASE SUBMIT WITH YOUR PAPERWORK.