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Rental property worksheet

Feb 09, 2011

Here is a rental property worksheet to assist you with the expenses that you need to include in your tax return. You can also download an Excel version.

 

$

Income

 

Rental income

 

Other rental related income

 

Gross rent

 

Expenses

 

Advertising for tenants

 

Body corporate fees and charges

 

Borrowing expenses

 

Cleaning

 

Council rates

 

Deductions for decline in value

 

Gardening/lawn mowing

 

Insurance

 

Interest on loan(s)

 

Land tax

 

Legal expenses

 

Pest control

 

Property agent fees/commission

 

Repairs and maintenance

 

Capital works deductions

 

Stationery, telephone and postage

 

Travel expenses

 

Water charges

 

Sundry rental expenses

 

Total expenses

 

Net rental income or loss
(Gross rent less total expenses)

 

Tags: CalculatorsDeductionsPersonal taxProperty

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  • "Hi, Company is providing novated lease car and I use this car for work (as I am a sales person). Can I claim worl realted car expenses for the tax return? Thanks."

    By: Bryan at Aug 02, 2014 4:28AM

    Post: Claiming car expenses

  • "Dear Value Customer, My name is Mr. Steve Brown CEO of Steve Brown Loan Company, We give out legitimate loans to serious Individual and Companies that are in need of loans, we offer all kinds of..."

    By: steve brown at Aug 01, 2014 8:58AM

    Post: Ten tax changes taking effect 1 July 2014

  • "I do FIFO can I claim parking at the airport while im away"

    By: scott at Aug 01, 2014 6:48AM

    Post: Claiming car expenses

  • "I live 2 hours away from work and travel 258km a round trip, can I claim anything back?"

    By: sean at Jul 30, 2014 4:18AM

    Post: Claiming car expenses

  • "Can either my wife or I claim deduction expenses and medical expenses over the threshhold. This year it would suit for her to claim these tax deductions although this has not been the case..."

    By: Tony Swain at Jul 29, 2014 5:36AM

    Post: Claiming car expenses