• Tax: Rental Property Questionnaire

  • Rental Property Questionnaire

    This questionnaire will provide us valuable information about your rental properties. It is important for you to review and complete all questions as accurately as possible. The information you provide can impact your tax outcome.

    Estimated time to Complete: 15-30 minutes, time will vary based on your number of rentals.

  • The Rental Income & Expenses worksheet was attached to the email you received with the link to this Rental Property Questionnaire. Save, and populate the Rental Income & Expenses worksheet to record any/all Income and Expenses for your Rental Properties. Only one form needs to be submitted for ALL Rental Properties. Details of what needs to be included will be referenced throughout this form.

    Please submit this completed worksheet along with your other Tax Documents.

  • The Rental Property Improvements & Equipment worksheet was attached to the email you received with the link to this Rental Property Questionnaire. Save, and populate this worksheet to record ALL purchases and improvements to ANY/ALL Rental Properties. Only one form needs to be submitted for ALL Rental Properties. Details of what needs to be included will be referenced throughout this form.

    Please submit this completed worksheet along with your other Tax Documents.

  • Understanding your form Navigation:

    • Click on Go to Next Page to continue your questionnaire
    • Need more Time?  Click on Save for Later and you be emailed a link so you can return to this form at a late time 

  • Rental Property #1: Please answer all questions below regarding your rental

  •  - -

  • Regarding Your Purchase/Sale:

    After you submit your questionnaire, please upload your closing statement.

    • Click on the Go Back button to return to the previous page
    • Click on Go to Next Page to continue your questionnaire
    • Need more Time?  Click on Save for Later and you be emailed a link so you can return to this form at a late time 

  • Rental #1: Property Management and Material Participation Rules

  • Material Participation Rules: 

    You will need to meet these rules for each property in order to deduct any losses with rentals.

    An individual engaged in a trade or business is not subject to passive loss rules if material participation requirements are met.  Most individuals can meet material participation requirements by satisfying one of the seven criteria listed below:

    1. The individual spends more the 500 hours participating in the activity during the year.
    2. The individual is the only one who substantially participates in the activity.
    3. The individual spends more the 100 hours participating and no one else spends more hours.
    4. The activity qualifies as a “significant participation activity” (greater than 100 hours), and aggregate participation by the individual for all significant participation activities exceeds 500 hours for the year.
    5. The individual meets material participation requirements for any five of the last ten years.
    6. The activity is a personal service activity and the individual materially participated for any three prior taxable years (consecutive or not).  A personal service activity is defined as performance of personal services in health, law, engineering, architecture, accounting, actuarial science, performing arts, consulting or any other trade or business where capital is not an income-producing factor.
    7. Facts and circumstances that determine the individual participates in the activity on a regular, continuous, and substantial basis during the year, and participates more than 100 hours.  Certain management activities do not qualify for this test.  See Regulation Sections 1.469-5T (b)(2)(ii) for more information.
    • Click on the Go Back button to return to the previous page
    • Click on Go to Next Page to continue your questionnaire
    • Need more Time?  Click on Save for Later and you be emailed a link so you can return to this form at a late time 

  • Rental #1: Personal Use of Rental Property

  • IRS 14-Day Rental Rule:  If you use a rental property personally the GREATER OF:

    • More than 14 days OR
    • 10% of the days you rent it to others at a fair rental price
      . . . the character of this property will be considered a "Personal Property"

  • Rental #1: Vacation Rental Reporting Requirements

  • Vacation Rental Defined: Vacation rental or short-term properties are accommodations that travelers can rent on a short-term basis. Rental contracts are typically 30 days or less.

    • Click on the Go Back button to return to the previous page
    • Click on Go to Next Page to continue your questionnaire
    • Need more Time?  Click on Save for Later and you be emailed a link so you can return to this form at a late time 

  • Rental Property #1: Income and Expense Reporting

  • NOT SURE WHO GETS A 1099?

     More information from the IRS can be found by clicking the following link:  Click Here

    If you need further assistance, please contact our firm. 

  • YOUR RENTAL SUMMARY AND DOCUMENT UPLOAD INSTRUCTIONS

    1.  DO THIS FIRST - SUBMIT YOUR ANSWERS!

    IMPORTANT:  Before you upload, be sure you complete this questionnaire and click on the SUBMIT ANSWERS.  Your answers will be automatically provided to our office. Do this before the next step!

    2.  AFTER YOU CLICK SUBMIT ANSWERS - UPLOAD YOUR DOCUMENTS:

    When you have completed this questionnaire and click SUBMIT ANSWERS, you will be prompted to upload your tax documents. Our Firm Best Practice is to upload as many of your documents at one time as possible.

  • RENTAL INCOME & EXPENSES WORKSHEET AND DOCUMENT UPLOAD INSTRUCTIONS

    1. DO THIS FIRST - SUBMIT YOUR ANSWERS!

    • IMPORTANT: Before you upload, be sure you complete this questionnaire. Your answers will be automatically provided to our office. Do this before the next step!

    2. RENTAL INCOME & EXPENSES WORKSHEET 

    • The above worksheet was attached with the email containing the link to this form
    • NOTE:  You will also need to complete this questionnaire for your rentals.
    • Use the worksheet for your rental income & expense summary.  You can put up to 4 rentals on one summary page.
    • If you have your own summary of rental income and expense, you can upload that information to the firm.

    3.  AFTER YOU COMPLETE THIS QUESTIONNAIRE - UPLOAD YOUR DOCUMENTS:

    • When you have completed this questionnaire, you will be prompted to upload your tax documents to us. Our firm Best Practice is to upload as many of your documents at one time as possible.
    • Click on the Go Back button to return to the previous page
    • Click on Go to Next Page to continue your questionnaire
    • Need more Time?  Click on Save for Later and you be emailed a link so you can return to this form at a late time 

  • Rental Property #1: Property Improvements and New Equipment

  • PROPERTY IMPROVEMENTS:  Provide us with a list of the following details.

    • Improvement Description
    • Date of improvement
    • Cost/Amount paid in 2024

  • NEW RENTAL EQUIPMENT/FURNITURE PURCHASES: Provide us with a list of the following details. You can send us your own list, or use the Rental Property Improvements & Equipment worksheet attached in the email containing the link to this form.

    • Equipment Description (Make/model/brand)
    • Date of purchase
    • Cost/Amount paid in 2024
    • Was the equipment new or used
    • Any trade in of existing equipment
    • Click on the Go Back button to return to the previous page
    • Click on Go to Next Page to continue your questionnaire
    • Need more Time?  Click on Save for Later and you be emailed a link so you can return to this form at a late time 

  • Rental Property #2: Please answer all questions below regarding your rental

  •  - -

  • Regarding your Purchase/Sale: 

    After you submit your answers, Please upload your closing statement.

    • Click on the Go Back button to return to the previous page
    • Click on Go to Next Page to continue your questionnaire
    • Need more Time?  Click on Save for Later and you be emailed a link so you can return to this form at a late time 

  • Rental #2: Property Management and Material Participation Rules

  • Material Participation Rules: 

    You will need to meet these rules for each property in order to deduct any losses with rentals.

    An individual engaged in a trade or business is not subject to passive loss rules if material participation requirements are met.  Most individuals can meet material participation requirements by satisfying one of the seven criteria listed below:

    1. The individual spends more the 500 hours participating in the activity during the year.
    2. The individual is the only one who substantially participates in the activity.
    3. The individual spends more the 100 hours participating and no one else spends more hours.
    4. The activity qualifies as a “significant participation activity” (greater than 100 hours), and aggregate participation by the individual for all significant participation activities exceeds 500 hours for the year.
    5. The individual meets material participation requirements for any five of the last ten years.
    6. The activity is a personal service activity and the individual materially participated for any three prior taxable years (consecutive or not).  A personal service activity is defined as performance of personal services in health, law, engineering, architecture, accounting, actuarial science, performing arts, consulting or any other trade or business where capital is not an income-producing factor.
    7. Facts and circumstances that determine the individual participates in the activity on a regular, continuous, and substantial basis during the year, and participates more than 100 hours.  Certain management activities do not qualify for this test.  See Regulation Sections 1.469-5T (b)(2)(ii) for more information.
    • Click on the Go Back button to return to the previous page
    • Click on Go to Next Page to continue your questionnaire
    • Need more Time?  Click on Save for Later and you be emailed a link so you can return to this form at a late time 

  • Rental #2 - Personal Use of Rental Property

  • IRS 14-Day Rental Rule:  If you use a rental property personally the GREATER OF:

    More than 14 days OR
    10% of the days you rent it to others at a fair rental price
    . . . the character of this property will be considered a "Personal Property"

  • Rental #2: Vacation Rental Reporting Requirements

  • Vacation Rental Defined: Vacation rental or short-term properties are accommodations that travelers can rent on a short-term basis. Rental contracts are typically 30 days or less.

    • Click on the Go Back button to return to the previous page
    • Click on Go to Next Page to continue your questionnaire
    • Need more Time?  Click on Save for Later and you be emailed a link so you can return to this form at a late time 

  • Rental Property #2: Income and Expense Reporting

  • NOT SURE WHO GETS A 1099?

     More information from the IRS can be found by clicking the following link:  Click Here

    If you need further assistance, please contact our firm. 

  • PROVIDED RENTAL INCOME & EXPENSES WORKSHEET AND DOCUMENT UPLOAD INSTRUCTIONS

    1. DO THIS FIRST - SUBMIT YOUR ANSWERS!

    • IMPORTANT: Before you upload, be sure you complete this questionnaire. Your answers will be automatically provided to our office. Do this before the next step!

    2. RENTAL INCOME & EXPENSES WORKSHEET

    • The above worksheet was attached with the email containnig the link to this form
    • NOTE:  You will still need to compelete this questionnaire for your rentals as well.
    • Use the worksheet for your rental income & expense summary.  You can put up to 4 rentals on one summary page.
    • If you have your own summary of rental income and expense, you can upload that information to the firm.

    3.  AFTER YOU COMPLETE THIS QUESTIONNAIRE - UPLOAD YOUR DOCUMENTS:

    When you have completed this questionnaire, you will be prompted to upload your tax documents to us. Our firm Best Practice is to upload as many of your documents at one time as possible.

    • Click on the Go Back button to return to the previous page
    • Click on Go to Next Page to continue your questionnaire
    • Need more Time?  Click on Save for Later and you be emailed a link so you can return to this form at a late time 

  • Rental Property #2: Property Improvements and New Equipment

  • PROPERTY IMPROVEMENTS:  Provide us with a list of the following details.

    • Improvement Description
    • Date of improvement
    • Cost/Amount paid in 2023

  • NEW RENTAL EQUIPMENT/FURNITURE PURCHASES: Provide us with a list of the following details. You can send us your own list, or use the Rental Property Improvements & Equipment worksheet attached in the email containing the link to this form.

    • Equipment Description (Make/model/brand)
    • Date of purchase
    • Cost/Amount paid in 2024
    • Was the equipment new or used
    • Any trade in of existing equipment
    • Click on the Go Back button to return to the previous page
    • Click on Go to Next Page to continue your questionnaire
    • Need more Time?  Click on Save for Later and you be emailed a link so you can return to this form at a late time 

  • Rental Property #3: Please answer all questions below regarding your rental

  •  - -

  • Regarding your Purchase/Sale: 

    After you submit your answers, Please upload your closing statement.

    • Click on the Go Back button to return to the previous page
    • Click on Go to Next Page to continue your questionnaire
    • Need more Time?  Click on Save for Later and you be emailed a link so you can return to this form at a late time 

  • Rental #3: Property Management and Material Participation Rules

  • Material Participation Rules: 

    You will need to meet these rules for each property in order to deduct any losses with rentals.

    An individual engaged in a trade or business is not subject to passive loss rules if material participation requirements are met.  Most individuals can meet material participation requirements by satisfying one of the seven criteria listed below:

    1. The individual spends more the 500 hours participating in the activity during the year.
    2. The individual is the only one who substantially participates in the activity.
    3. The individual spends more the 100 hours participating and no one else spends more hours.
    4. The activity qualifies as a “significant participation activity” (greater than 100 hours), and aggregate participation by the individual for all significant participation activities exceeds 500 hours for the year.
    5. The individual meets material participation requirements for any five of the last ten years.
    6. The activity is a personal service activity and the individual materially participated for any three prior taxable years (consecutive or not).  A personal service activity is defined as performance of personal services in health, law, engineering, architecture, accounting, actuarial science, performing arts, consulting or any other trade or business where capital is not an income-producing factor.
    7. Facts and circumstances that determine the individual participates in the activity on a regular, continuous, and substantial basis during the year, and participates more than 100 hours.  Certain management activities do not qualify for this test.  See Regulation Sections 1.469-5T (b)(2)(ii) for more information.
    • Click on the Go Back button to return to the previous page
    • Click on Go to Next Page to continue your questionnaire
    • Need more Time?  Click on Save for Later and you be emailed a link so you can return to this form at a late time 

  • Rental #3: Personal Use of Rental Property

  • IRS 14-Day Rental Rule:  If you use a rental property personally the GREATER OF:

    • More than 14 days OR
    • 10% of the days you rent it to others at a fair rental price                                                                                                                           ...the character of this property will be considered a "Personal Property"

  • Rental #3: Vacation Rental Reporting Requirements

  • Vacation Rental Defined: Vacation rental or short-term properties are accommodations that travelers can rent on a short-term basis. Rental contracts are typically 30 days or less.

    • Click on the Go Back button to return to the previous page
    • Click on Go to Next Page to continue your questionnaire
    • Need more Time?  Click on Save for Later and you be emailed a link so you can return to this form at a late time 

  • Rental Property #3: Income and Expense Reporting

  • NOT SURE WHO GETS A 1099?

     More information from the IRS can be found by clicking the following link:  Click Here

    If you need further assistance, please contact our firm. 

  • PROVIDED RENTAL INCOME & EXPENSES WORKSHEET AND DOCUMENT UPLOAD INSTRUCTIONS

    1. DO THIS FIRST - SUBMIT YOUR ANSWERS!

    • IMPORTANT: Before you upload, be sure you complete this questionnaire. Your answers will be automatically provided to our office. Do this before the next step!

    2. RENTAL INCOME & EXPENSES WORKSHEET

    • The above worksheet was attached with the email containnig the link to this form
    • NOTE:  You will still need to compelete this questionnaire for your rentals as well.
    • Use this worksheet for your rental income & expense summary.  You can put up to 4 rentals on one summary page.
    • If you have your own summary of rental income and expense, you can upload that information to the firm.

    3.  AFTER YOU COMPLETE THIS QUESTIONNAIRE - UPLOAD YOUR DOCUMENTS:

    When you have completed this questionnaire, you will be prompted to upload your tax documents to us. Our firm Best Practice is to upload as many of your documents at one time as possible.

    • Click on the Go Back button to return to the previous page
    • Click on Go to Next Page to continue your questionnaire
    • Need more Time?  Click on Save for Later and you be emailed a link so you can return to this form at a late time 

  • Rental Property #3: Property Improvements and New Equipment

  • PROPERTY IMPROVEMENTS:  Provide us with a list of the following details.

    • Improvement Description
    • Date of improvement
    • Cost/Amount paid in 2024

  • NEW RENTAL EQUIPMENT/FURNITURE PURCHASES: Provide us with a list of the following details. You can send us your own list, or use the Rental Property Improvements & Equipment worksheet attached in the email containing the link to this form.

    • Equipment Description (Make/model/brand)
    • Date of purchase
    • Cost/Amount paid in 2024
    • Was the equipment new or used
    • Any trade in of existing equipment
    • Click on the Go Back button to return to the previous page
    • Click on Go to Next Page to continue your questionnaire
    • Need more Time?  Click on Save for Later and you be emailed a link so you can return to this form at a late time 

  • Rental Property #4: Please answer all questions below regarding your rental

  •  - -

  • Regarding your Purchase/Sale: 

    After you submit your answers, Please upload your closing statement.

    • Click on the Go Back button to return to the previous page
    • Click on Go to Next Page to continue your questionnaire
    • Need more Time?  Click on Save for Later and you be emailed a link so you can return to this form at a late time 

  • Rental #4: Property Management and Material Participation Rules

  • Material Participation Rules: 

    You will need to meet these rules for each property in order to deduct any losses with rentals.

    An individual engaged in a trade or business is not subject to passive loss rules if material participation requirements are met.  Most individuals can meet material participation requirements by satisfying one of the seven criteria listed below:

    1. The individual spends more the 500 hours participating in the activity during the year.
    2. The individual is the only one who substantially participates in the activity.
    3. The individual spends more the 100 hours participating and no one else spends more hours.
    4. The activity qualifies as a “significant participation activity” (greater than 100 hours), and aggregate participation by the individual for all significant participation activities exceeds 500 hours for the year.
    5. The individual meets material participation requirements for any five of the last ten years.
    6. The activity is a personal service activity and the individual materially participated for any three prior taxable years (consecutive or not).  A personal service activity is defined as performance of personal services in health, law, engineering, architecture, accounting, actuarial science, performing arts, consulting or any other trade or business where capital is not an income-producing factor.
    7. Facts and circumstances that determine the individual participates in the activity on a regular, continuous, and substantial basis during the year, and participates more than 100 hours.  Certain management activities do not qualify for this test.  See Regulation Sections 1.469-5T (b)(2)(ii) for more information.
    • Click on the Go Back button to return to the previous page
    • Click on Go to Next Page to continue your questionnaire
    • Need more Time?  Click on Save for Later and you be emailed a link so you can return to this form at a late time 

  • Rental #4: Personal Use of Rental Property

  • IRS 14-Day Rental Rule:  If you use a rental property personally the GREATER OF:

    More than 14 days OR
    10% of the days you rent it to others at a fair rental price
    . . . the character of this property will be considered a "Personal Property"

  • Rental #4: Vacation Rental Reporting Requirements

  • Vacation Rental Defined: Vacation rental or short-term properties are accommodations that travelers can rent on a short-term basis. Rental contracts are typically 30 days or less.

    • Click on the Go Back button to return to the previous page
    • Click on Go to Next Page to continue your questionnaire
    • Need more Time?  Click on Save for Later and you be emailed a link so you can return to this form at a late time 

  • Rental Property #4: Income and Expense Reporting

  • NOT SURE WHO GETS A 1099?

     More information from the IRS can be found by clicking the following link:  Click Here

    If you need further assistance, please contact our firm. 

  • PROVIDED RENTAL INCOME & EXPENSES WORKSHEET AND DOCUMENT UPLOAD INSTRUCTIONS

    1. DO THIS FIRST - SUBMIT YOUR ANSWERS!

    • IMPORTANT: Before you upload, be sure you complete this questionnaire. Your answers will be automatically provided to our office. Do this before the next step!

    2. RENTAL INCOME & EXPENSES WORKSHEET

    • The above worksheet was attached with the email containnig the link to this form
    • NOTE:  You will still need to compelete this questionnaire for your rentals as well.
    • Use this worksheet for your rental income & expense summary.  You can put up to 4 rentals on one summary page.
    • If you have your own summary of rental income and expense, you can upload that information to the firm.

    3.  AFTER YOU COMPLETE THIS QUESTIONNAIRE - UPLOAD YOUR DOCUMENTS:

    When you have completed this questionnaire, you will be prompted to upload your tax documents to us. Our firm Best Practice is to upload as many of your documents at one time as possible.

    • Click on the Go Back button to return to the previous page
    • Click on Go to Next Page to continue your questionnaire
    • Need more Time?  Click on Save for Later and you be emailed a link so you can return to this form at a late time 

  • Rental Property #4: Property Improvements and New Equipment

  • PROPERTY IMPROVEMENTS:  Provide us with a list of the following details.

    • Improvement Description
    • Date of improvement
    • Cost/Amount paid in 2024

  • NEW RENTAL EQUIPMENT/FURNITURE PURCHASES: Provide us with a list of the following details. You can send us your own list, or use the Rental Property Improvements & Equipment worksheet attached in the email containing the link to this form.

    • Equipment Description (Make/model/brand)
    • Date of purchase
    • Cost/Amount paid in 2024
    • Was the equipment new or used
    • Any trade in of existing equipment
    • Click on the Go Back button to return to the previous page
    • Click on Go to Next Page to continue your questionnaire
    • Need more Time?  Click on Save for Later and you be emailed a link so you can return to this form at a late time 

  • Multiple Rental Properties: Reporting FIVE (5) OR MORE Rentals

  • You have indicated you are reporting FIVE (5) OR MORE Rental properties on your tax return.

    Answer the following questions as they relate to ALL properties.

  • Registered LLC's for Rentals:

    This information ensures we are clear on what names you have regisered as LLC's in use with your rental properties and help you properly maintain the LLC annual filing requriements.

  • For any Purchase/Sale: 

    After you submit your answers, Please upload your closing statement.

    • Click on the Go Back button to return to the previous page
    • Click on Go to Next Page to continue your questionnaire
    • Need more Time?  Click on Save for Later and you be emailed a link so you can return to this form at a late time 

  • All Rentals: Property Management and Material Participation Rules

  • Material Participation Rules: 

    You will need to meet these rules for each property in order to deduct any losses with rentals.

    An individual engaged in a trade or business is not subject to passive loss rules if material participation requirements are met.  Most individuals can meet material participation requirements by satisfying one of the seven criteria listed below:

    1. The individual spends more the 500 hours participating in the activity during the year.
    2. The individual is the only one who substantially participates in the activity.
    3. The individual spends more the 100 hours participating and no one else spends more hours.
    4. The activity qualifies as a “significant participation activity” (greater than 100 hours), and aggregate participation by the individual for all significant participation activities exceeds 500 hours for the year.
    5. The individual meets material participation requirements for any five of the last ten years.
    6. The activity is a personal service activity and the individual materially participated for any three prior taxable years (consecutive or not).  A personal service activity is defined as performance of personal services in health, law, engineering, architecture, accounting, actuarial science, performing arts, consulting or any other trade or business where capital is not an income-producing factor.
    7. Facts and circumstances that determine the individual participates in the activity on a regular, continuous, and substantial basis during the year, and participates more than 100 hours.  Certain management activities do not qualify for this test.  See Regulation Sections 1.469-5T (b)(2)(ii) for more information.
    • Click on the Go Back button to return to the previous page
    • Click on Go to Next Page to continue your questionnaire
    • Need more Time?  Click on Save for Later and you be emailed a link so you can return to this form at a late time 

  • All Rentals: Personal Use of Rental Property

  • IRS 14-Day Rental Rule:  If you use a rental property personally the GREATER OF:

    More than 14 days OR
    10% of the days you rent it to others at a fair rental price
    . . . the character of this property will be considered a "Personal Property"

  • For ALL Personal use properties:

    We will need to know the total days availabe for rent and the number of days used for personal use.

  • All Rentals: Vacation Rentals Reporting Requirements

    Please indicate if ANY of your Rentals are a vacation rental.

  • Vacation Rental Defined: Vacation rental or short-term properties are accommodations that travelers can rent on a short-term basis. Rental contracts are typically 30 days or less.

  • You indicated you have additional Vacation Rentals! 

    We will need to get the same questions from above anwered on ALL Vacation Rental Properties.  You can provide this information with your upload or via email.

    • Click on the Go Back button to return to the previous page
    • Click on Go to Next Page to continue your questionnaire
    • Need more Time?  Click on Save for Later and you be emailed a link so you can return to this form at a late time 

  • All Rentals: Income and Expense Reporting

  • NOT SURE WHO GETS A 1099?

     More information from the IRS can be found by clicking the following link:  Click Here

    If you need further assistance, please contact our firm. 

  • PROVIDED RENTAL INCOME & EXPENSES WORKSHEET AND DOCUMENT UPLOAD INSTRUCTIONS

    1. DO THIS FIRST - SUBMIT YOUR ANSWERS!

    • IMPORTANT: Before you upload, be sure you complete this questionnaire. Your answers will be automatically provided to our office. Do this before the next step!

    2. RENTAL INCOME & EXPENSES WORKSHEET

    • The above worksheet was attached with the email containnig the link to this form
    • NOTE:  You will still need to compelete this questionnaire for your rentals as well.
    • Use this worksheet for your rental income & expense summary.  You can put up to 4 rentals on one summary page.
    • If you have your own summary of rental income and expense, you can upload that information to the firm.

    3.  AFTER YOU COMPLETE THIS QUESTIONNAIRE - UPLOAD YOUR DOCUMENTS:

    When you have completed this questionnaire, you will be prompted to upload your tax documents to us. Our firm Best Practice is to upload as many of your documents at one time as possible.

    • Click on the Go Back button to return to the previous page
    • Click on Go to Next Page to continue your questionnaire
    • Need more Time?  Click on Save for Later and you be emailed a link so you can return to this form at a late time 

  • All Rentals: Improvements and New Equipment

  • PROPERTY IMPROVEMENTS:  Provide us a list of the following details.

    • Improvement Description
    • Date of improvement
    • Cost/Amount paid in 2024

  • NEW RENTAL EQUIPMENT/FURNITURE PURCHASES: Provide us with a list of the following details. You can send us your own list, or use the Rental Property Improvements & Equipment worksheet attached in the email containing the link to this form.

    • Equipment Description (Make/model/brand)
    • Date of purchase
    • Cost/Amount paid in 2024
    • Was the equipment new or used
    • Any trade in of existing equipment
    • Click on the Go Back button to return to the previous page
    • Click on Go to Next Page to continue your questionnaire
    • Need more Time?  Click on Save for Later and you be emailed a link so you can return to this form at a late time 

  • Rental Property: Auto Expenses for Rental Activity

    NOT Claimed elsewhere on tax returns - only for RENTAL ACTIVITY

  • REPORTING YOUR AUTO MILEAGE 

    REQUIREMENT:  The IRS requires you to track auto mileage on business vehicles, even if you are using actual expenses.
    MILEAGE RATE CHANGE:  The IRS standard mileage rate from January-December 2024 was 65.5 cents per mile.

    • Click on the Go Back button to return to the previous page
    • Click on Go to Next Page to continue your questionnaire
    • Need more Time?  Click on Save for Later and you be emailed a link so you can return to this form at a late time 

  • Qualified Business Income Deduction

  • Your rental property may qualify for the Qualified Business Income Deduction (QBID, aka 20% Deduction). 

    Please review Rental Real Estate Safe Harbor and answer the questions below
    Click HERE for Rental Real Estate Safe Harbor Rules  from the IRS: Click Here

    For further questions, please contact the firm.

    • Click on the Go Back button to return to the previous page
    • Click on Go to Next Page to continue your questionnaire
    • Need more Time?  Click on Save for Later and you be emailed a link so you can return to this form at a late time 

  • You are almost there...Just a couple more steps!

    1. SUBMIT YOUR DATA

    • Be sure you click on the SUBMIT ANSWERS button at the bottom of the page.  Your answers will automatically be provided to our office.  Do this before the next step!
    • You do NOT need to click on Save for Later unless you want to return to this form to edit your responses at a later time.

    2. UPLOAD YOUR DOCUMENTS:

    • After you click SUBMIT ANSWERS you will be prompted to upload your tax documents. Our firm Best Practice is to upload as many of your documents at one time as possible.

    3. NEED OTHER TAX QUESTIONNAIRES?

    • Links to Personal and Business tax questionnaires will be on the next page if you need them.
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