Rental Income Tax Preparation Checklist

If you have rental income from real estate or property, please use this checklist when preparing the information and documents. For more information contact us.

General Information

check-markAddress of your rental property.
check-markRental period
check-markDo you have a co-owner of this property? If yes,
  • Name and address of the co-owner
  • Percentage of your partnership in the rental
  • Percentage of your spouse partnership in the rental
  • If this is an apartment building, how many units does it have
check-markYour gross rental income

Rental Expenses

check-markAdvertisement
check-markInsurance
check-markInterest on Mortgage
check-markOffice expense
check-markLegal, accounting, Agent and other professional fee
check-markManagement and administration fees
check-markMaintenance and repairs
check-markSalaries, wages, and benefits
check-markProperty taxes
check-markTravel
check-markUtilities
check-markCondo fees
check-markMotor vehicle expenses
check-markOther expenses (Specify)

Capital Cost Allowance

check-markFurniture
check-markCost value of the house price and the portion for building and land
check-markRenovation
check-markOthers


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