Teders Bookkeepingoffice (909) 983-3716
fax (909) 983-7047

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Rental Property Organizer Checklist

Did you stay or live in the rental property during the year?  If so, how many days?


Please make sure we have a copy of:
  • Your Settlement Statement from the purchase (HUD-1), or some other documentation of cost
  • Property Tax Statement, which shows the county’s allocation of land versus building

If we did not prepare your taxes last year:

  • Copy of your last year tax return
  • Depreciation schedule of rental property

You need to keep in your records:

  • Copies of major improvements and assets purchased
  • Rent Deposit received by each tenant
Expenses: (this is not a comprehensive list; and each property may have different situations and expenses)
  • Form 1098 Mortgage Interest staements
  • Property taxes paid
  • Insurance paid
  • Gardener
  • Pest control
  • Advertising
  • Utilities paid
  • Home Owners Association fees
  • Management Company fees
  • Miles traveled to check on property, collect rent, make repairs, etc.
  • Repairs and maintenance on property
  • Major improvements made to property
  • Assets purchased for use in or on the property