office (909)
983-3716
Rental Property Organizer Checklist
Vehicle, Travel, Meals, and Entertainment
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
- Form 1098 Mortgage Interest statements
- 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
