he following is required for each rental property to obtain the maximum tax reduction for your business. Answer the questions to the best of your knowledge and please don't hesitate to call (626)810-8293 or send email with any questions to jjtaxser1@aol.com.


SECTION I   TYPE / LOCATION

1. Kind of rental (duplex, 2BR house, 5 unit apartment)

2. Complete address
   a. street
   b. city
   c. state
   d. zip code

3. Did you or your family use it. If yes, how many days
    of the year.
 
SECTION II   INCOME

1. Rent Received
   a. cash / check
   b. 1099-MISC

2. Royalties Received
   a. cash / check
   b. 1099-MISC


SECTION III   AUTO and TRAVEL EXPENSES

1. Auto
   a. total miles driven for whole year
   b. Business miles (to / from rental, picking up supplies,
       equipment, etc)
   c. parking fees (includes parking meters)

2. Travel Expenses
   a. air fair, bus, train, taxi
   b. tips
   c. hotel, motel
   d. other

3. Meals and Entertainment
   a. business meals
   b. Business entertainment (shows, plays, golf, etc.)
   c. business gifts ($25 Max per gift)

SECTION IV   EXPENSES

1. Advertising
2. Cleaning and maintenance
3. Commissions
4. Insurance (property, fire, liability)
5. Legal and professional fees
6. Management fees (property, apartment)
7. Major repairs (roof, remodeling, re-pipe, etc.)
8. Mortgage interest
9. Other interest
10. Phone
11. Repairs
12. Supplies
13. Taxes (property, other)
14. Utilities (gas, electric, water, trash)
15. Other:

SECTION V   DEPRECIATION

1. Date purchased
2. Date started renting
3. Total Cost
4. Value of land