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re: Rental property on 2015 tax return

Posted on 1/27/16 at 8:15 am to
Posted by redstick225
Member since Aug 2011
17 posts
Posted on 1/27/16 at 8:15 am to
first year w/ rental property too, any tips on taxes would be greatly appreciated.
Posted by Motorboat
At the camp
Member since Oct 2007
22758 posts
Posted on 1/27/16 at 9:41 am to
keep all of your home depot receipts
Posted by Oenophile Brah
The Edge of Sanity
Member since Jan 2013
7544 posts
Posted on 1/27/16 at 11:14 am to
As mentioned, keep your receipts.

I also started using Mint.com to itemize purchases that are for the home. I think Mint is useful in tracking certain purchases.

I also use an excel rental spreadsheet to track my regular rental expenses. You can usually find a template online.
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