Rental Property

Our apologies upfront. This submit form is ridiculously long. But there is a bunch of information we need for new clients, or for those who just became landlords.

Existing clients with no changes in their rentals (either new ones or the sale of old ones) need only complete the pertinent rental income, expense categories, any improvements and Section 199A Rental Income Safe Harbor questions.

There is some excellent information in our KnowledgeBase about how rental properties affect your taxes, depreciation, passive loss limits, repairs versus improvements, LLC ownership, etc. There is also a huge section about Real Estate Professional, and how to qualify.

Rental Property Worksheet