Rental Tax Preparation Summary
2026 · Elm Street · Sample data
Based on financial records tracked in Yenavi. Review with your tax professional before preparing or filing your tax return.
PropertyCommerce Plaza, Suite 12Elm StreetRedstone Ave DuplexHarborview Condominiums, Unit 6CWillowbrook Court
Income
| Rent | $16,800.00 |
| Total Income | $16,800.00 |
Recorded Tax-Related Expenses
| Appliance Repair | $165.00 |
| Electrical Repair | $1,100.00 |
| Property / Landlord Insurance | $960.00 |
| Plumbing Repair | $890.00 |
| Property Taxes | $2,720.00 |
| Included Expense Subtotal | $5,835.00 |
Items Requiring Tax Review
Capital Improvement / Major Replacement Not included in the expense subtotal. Capital improvements generally require separate tax treatment and may be recovered through depreciation rather than deducted in full when paid. | $175.00 |
Mortgage Payment Not included in the expense subtotal. Mortgage payments may include principal, interest, taxes, insurance, and escrow adjustments. Review Form 1098 and lender records to determine applicable tax amounts. | $12,400.00 |
Income Less Included Expenses 2026
This is not taxable income. Mortgage-related tax amounts, depreciation, capital improvements, and other tax adjustments may not be included.
$10,965.00
About this summary
Yenavi organizes your recorded rental income and expenses to help with tax preparation. It does not determine whether an expense is deductible, calculate taxable income, or prepare your tax return. Some items may require additional information or tax treatment outside Yenavi.