Tell us what you need
Share your situation, tax years and any deadlines.
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Rental property owners
Rental Property Tax Preparation
Make sense of rental income and expenses.
Rental property creates tax questions that extend beyond collecting rent. We help owners organize the records needed to review income, expenses and property activity for their returns.
How we can help
Support shaped around your situation.
- Rental income and expense organization
- Property improvements, repairs and asset records review
- Prior depreciation information and sale documents
- Discussion of state and ownership considerations
Get ready
What to bring to the conversation.
- Rental income and management statements
- Mortgage interest, taxes, insurance and repair records
- Purchase and improvement records
- Prior depreciation schedules and sale or refinancing documents
We confirm your document list after learning about your needs. Use the client app when instructed to share sensitive documents.
From first question to next step
A straightforward way to work together.
Agree on the work
We review the information and discuss scope, fees and timing.
Stay involved
We follow up on questions and explain the work for your review.
Before you begin
Your questions, answered.
What records should I keep for a rental property?
Keep income records, invoices, receipts, closing documents and prior depreciation schedules. The records needed depend on your ownership and the activity during the year.
Are all property expenses immediately deductible?
Not necessarily. The treatment can differ for repairs, improvements and other costs. We review the nature and timing of the expenses.
Nearby when you need us. Remote when it suits you.
Our office welcomes clients from Ozone Park, Richmond Hill, South Richmond Hill, Jackson Heights, Hillside/Jamaica and Brooklyn, including our Bangladeshi communities. In-person appointments take place at our Ozone Park office; fully remote service is available nationwide.
Local ZIP codes include 11416, 11417, 11418, 11419, 11208, 11432 and 11372.
Let’s take the next step
Start with a conversation.
Tell us what you need. We will help you understand the documents, scope and next steps.