Rental Property Income and Expense Form

Rental Property Income and Expense Form
Owner Name

First NameLast Name
Tax Year
Start Date of Business
If you completed this last year type "on-file"
Business Name
Business Address

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
Business EIN
Did you work more or less than 750hrs a landlord:
Property Questions

These next questions are specific to the rental unit(s). If you have expenses as a landlord, that information should be added on the Single Member Business form.

Unit A - Type of Unit
Unit A - Address

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
Do you have a 1098 for this property? If yes, please upload it to the portal.
If you rent a room in your home please list the following.
The square footage of your home: Type a label
The square footage of the rented room: Type a label
If this unit was used for personal use, list the number of days:
How many days in the tax year, was the unit rented out:
What is the value of the property:
What is the value of the land:
If unknown, we will calculate a default value of 25% of the value of the property.
Was the property disposed or sold: Yes No
If yes, what date was it disposed or sold: Date
If you have a 1098 Mortgage Interest statement be sure to upload it to the tax portal.
Unit A - Income received
If you have 1099-MISC or K-1 income, do not include that amount in this total. Just upload those forms to the portal.

Unit A - Expenses

Miscellaneous Expense 1
List the miscellaneous expense: blank
List the amount of the expense:
Miscellaneous Expense 2
List the miscellaneous expense: blank
List the amount of the expense:
Depreciation of personal property for Unit A

List the asset in this unit that you are depreciating. (Generally it should be valued at over $300)

Unit B - Type of Unit
Unit B - Address

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
Do you have a 1098 for this property? If yes, please upload it to the portal.
If you rent a room in your home please list the following.
The square footage of your home: Type a label
The square footage of the rented room: Type a label
If this unit was used for personal use, list the number of days:
How many days in the tax year, was the unit rented out:
What is the value of the property:
What is the value of the land:
If unknown, we will calculate a default value of 25% of the value of the property.
Was the property disposed or sold: Yes No
If yes, what date was it disposed or sold: Date
If you have a 1098 Mortgage Interest statement be sure to upload it to the tax portal.
Unit B - Income received
If you have 1099-MISC or K-1 income, do not include that amount in this total. Just upload those forms to the portal.

Unit B - Expenses

Miscellaneous Expense 1
List the miscellaneous expense: blank
List the amount of the expense:
Miscellaneous Expense 2
List the miscellaneous expense: blank
List the amount of the expense:
Depreciation of personal property for Unit B

List the asset in this unit that you are depreciating. (Generally it should be valued at over $300)

Unit C - Type of Unit
Unit C - Address

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code
Do you have a 1098 for this property? If yes, please upload it to the portal.
If you rent a room in your home please list the following.
The square footage of your home: Type a label
The square footage of the rented room: Type a label
If this unit was used for personal use, list the number of days:
How many days in the tax year, was the unit rented out:
What is the value of the property:
What is the value of the land:
If unknown, we will calculate a default value of 25% of the value of the property.
Was the property disposed or sold: Yes No
If yes, what date was it disposed or sold: Date
If you have a 1098 Mortgage Interest statement be sure to upload it to the tax portal.
Unit B - Income received
If you have 1099-MISC or K-1 income, do not include that amount in this total. Just upload those forms to the portal.

Unit C - Expenses

Miscellaneous Expense 1
List the miscellaneous expense: blank
List the amount of the expense:
Miscellaneous Expense 2
List the miscellaneous expense: blank
List the amount of the expense:
Depreciation of personal property for Unit C

List the asset in this unit that you are depreciating. (Generally it should be valued at over $300)

Property Questions