Rental Income And Expenses Worksheet

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FROM:
ACCOUNTING & INCOME TAX SOLUTIONS, INC.
802 HWY 43 S, STE E
SARALAND, AL 36571
Your Name: _____________________________
(251) 679-9216
“2015 RENTAL INCOME AND EXPENSES WORKSHEET”
If you own more than one rental property, we will need the same information for each of your
rental properties. You may make copies of this worksheet or you may call us to mail you
additional copies of this worksheet.
Address of this Rental Property: ___________________________________________________
[ ]
[ ]
[ ]
Description of Rental Property:
Single Family Residence
Multi-Family Residence
Commercial
[ ]
[ ]
[ ]
Land
Royalties
Self-Rental
[ ]
[ ]
Vacation/Short-Term Rental
Other (describe)
[ ] YES
[ ] NO
During 2015 did you “actively participate” in the operation of this rental property?
During 2015 did you use this rental property for personal or vacation purposes
[ ] YES
[ ] NO
OR did you rent this property to a relative for less than the Fair Rental Value?
If “YES”, how may days? __________________
[ ] YES
[ ] NO
In connection with this rental property, did you keep any amount of the Security
Deposit from a previous tenant?
[ ] YES
[ ] NO
Did you make any payments in 2015 that would require you to file Form(s) 1099?
[ ] YES
[ ] NO
If “YES”, did you or will you file all required Forms 1099?
TOTAL RENTAL INCOME FOR 2015
$ ________________
FROM THIS RENTAL PROPERTY:
MAJOR PURCHASES OR IMPROVEMENTS FOR 2015
(DO NOT INCLUDE IN OPERATING EXPENSES ON THE BACK PAGE)
Describe Item Purchased or Improvement Made
Date
Total Cost
(Including Sales Tax)
PLEASE TURN OVER TO RECORD YOUR RENTAL OPERATING EXPENSES
I hereby certify that I have included all income received in conducting my rental activity including all Form 1099 income
and all cash, checks and charge card income received. I have adequate written receipts, records, cancelled checks, and
books to substantiate all expenses claimed. Acccounting & Income Tax Solutions, Inc. has explained all of the record
keeping requirements for these expenses and also the consequences for failing to keep the records including full or
partial disallowance of the expenses which will result in additional taxes, interest and penalties.
Signature
Date
ACCOUNTING & INCOME TAX SOLUTIONS, INC.

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