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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 I separated with my ex in May last year, we have 2 children. He does not pay child support as we have an agreement for him to pay child care costs and part rent. I still have him on my private..."

    By: Jessica at Aug 20, 2016 1:10PM

    Post: Marriage

  • "Hi I separated with my ex in May last year, we have 2 children. He does not pay child support as we have an agreement for him to pay child care costs and part rent. I still have him on my private..."

    By: Jessica at Aug 20, 2016 1:09PM

    Post: Marriage

  • "hello , just wondering if i can claim business kms travelling from home to various job sites throughout out the day carrying my tools and ladders while using my ABN . i have kept a log book as well ."

    By: vaughan at Aug 16, 2016 11:08PM

    Post: Claiming car expenses

  • "Hello, just wondering if i can claim business kms travelled from home to pick up business stock and staff amenities for my boss not on the way to work. I.e. I would drive in on my day off?"

    By: Lucy at Aug 14, 2016 3:28AM

    Post: Claiming car expenses

  • "Hi, I live in Perth but flew to Sydney in November for an (unsuccessful) interview - can I claim the airfare and Sydney trains as a deduction?"

    By: Gavin at Aug 11, 2016 4:09AM

    Post: Claiming car expenses