Year end tax accounting

Depreciation
How do I calculate depreciation? Depreciation is a deduction taken over several years. You generally depreciate the cost of rental property that has a ...
Tue, 7 Jun, 2016 at 10:32 PM
Mortgage interest
The IRS states: Form 1098, Mortgage Interest Statement.   If you paid $600 or more of mortgage interest on your rental property to any one person, you...
Fri, 1 Jan, 2016 at 8:30 PM
Property tax
Determine the total amount of real estate tax paid during the tax year. It is important to note that while some municipalities give property owners until Ja...
Fri, 1 Jan, 2016 at 8:48 PM
IRS Schedule E data
We mark Schedule E data in the profit and loss statement for each property. We identify the amount by Schedule E line number. Each property in a IRS S...
Sat, 15 Apr, 2017 at 11:50 PM
Schedule-e generation
This feature is enabled to some users. This feature is disabled to most users. To take advantage of this feature you must: Be using the accounting...
Tue, 26 Dec, 2017 at 6:42 PM
Asset management and capital expenditures
Our product does not manage the asset improvements or the tax handling of these changes in the asset basis. We do not manage mortgage payments. However...
Fri, 7 Dec, 2018 at 8:13 PM