I (we) have submitted this information for the sole purpose of preparing my (our) taxreturn(s). Each item can be substantiated by receipts, canceled checks, or other
documents. This information is true, correct, and complete to the best of my (our)
knowledge.
(866) 840-1829 - Fax (646) 356-6925350 5TH AVE STE 6015 - NEW YORK, NY 10118WEBSITE: www.thetaxclub.com - EMAIL: organizer@thetaxclub.com
DEDUCTIONSAccounting�����$Outside Services����..$
Advertising�����$Parking & Tolls�����..$
Answering Service�..$Pensions,Profit Sharing Plans$
Auto & Truck Expense.$Postage��������$
Bad Debts�����$Printing��������..$
Bank Charges���$Rents: Real Property���$
Commissions Paid�$Rents: Personal Property�..$
Delivery & Freight�.$Repairs & Maintenance��$
Dues & Subscriptions.$Salaries & Wages����$
Employee Benefit Prgm$Security��������.$
Gifts�������..$Supplies��������$
Insurance�����..$Taxes: State Taxes���.$
Interest������.$Taxes: Payroll Taxes���$
Janitorial�����$Telephone�������.$
Laundry & Cleaning�$Tools���������..$
Legal & Professional..$Travel: Local������.$
License & Permits�$Travel: Out of Town���..$
Meals & Entertainment.$Uniforms��������.$
Office Expense���$Utilities���������$
Other Expenses: Input BelowOther Expenses: Input Below$$
$$
$$
$$
$$
$$
$$
$$
$$
$$
RENTAL REAL ESTATE ACTIVITIES
Kind of Property���������
Location of Property�������
Percentage of Ownership if not 100%�
Situs of Property (i.e., NY)�����.
Materially Participate�������.. Yes or NoIncomeGross Rents�����������������$
ExpensesAdvertising�����������������..$
Association Dues��������������..$
Auto and Travel���������������..$
Cleaning and Maintenance����������..
Commissions Paid��������������$
Gardening�����������������..$
Insurance������������������$
Legal and Professional Fees���������..$
Licenses and Permits������������..$
Management Fees��������������$
Interest:
Mortgage - Banks, Etc. (Form 1098)����$
Other�����������������.$
Painting and Decorating������������$
Pest Control�����������������$
Plumbing and Electrical������������$
Rents:
Real Property�������������..$
Personal Property�����������..$
Repairs�������������������$
IF MORE THAN 1 RENTAL REAL ESTATE ACTIVITY MAKE COPIES AND ATTACHCONTINUED ON NEXT PAGE
RENTAL REAL ESTATE ACTIVITIES EXPENSES CONT'DSupplies������������������..$
Taxes�������������������..$
Telephone�����������������..$
Utilities�������������������
Wages and Salaries�������������.$
Other Expenses:
$
$
$
$
Is this property a Multi-Unit and do you live in a portion of it?............ Yes or NoIf yes, Sq. Ft. of business portion & Sq. Ft. of personal portion��Bus._______ Per._______
Is this property a Commercial rental?................................................... Yes or NoDid you purchase this rental in a prior year?........................................ Yes or NoIf yes, Fill out Section A. (previously owned assets) section in this tax organizerDid you purchase any assets for this rental prior to 2007?............... Yes or NoIf yes, Fill out Section A. (previously owned assets) section in this tax organizerDid you purchase this rental property in 2007?.................................................. Yes or NoIf yes, Fill out Section B. (assets purchased in 2007) section in this tax organizerDid you purchase any assets for this rental property in 2007?........................ Yes or NoIf yes, Fill out Section B. (assets purchased in 2007) section in this tax organizerDid you sell this rental property in 2007?............................................. Yes or NoIf yes, Fill out Section C. (assets sold in 2007) section in this tax organizerDid you sell or dispose of any assets for this rental in 2007?............. Yes or NoIf yes, Fill out Section C. (equipment / assets sold in 2007) section in this tax organizerPurchase price of rental property, Including Land�������������..$
Land value when purchased����������������������$
Cost of capital improvements prior to 2007 (if property was purchased prior 2007)$
Cost of capital improvements made in 2007�����������������..$
IF MORE THAN 1 RENTAL REAL ESTATE ACTIVITY MAKE COPIES AND ATTACH
ASSET INFORMATIONSECTION A.
List the following information for all Equipment / Assets previously owned for business Prior to 2007Description of PropertyDate Placed in ServiceCost or Basis% of Business Use$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
ASSET INFORMATIONSECTION B.
List the following information for all Equipment / Assets purchased for business in 2007Description of PropertyDate Placed in ServiceCost or Basis% of Business Use$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
DISPOSITIONS (SCH. D)
List all information for all Investment property / trades / & other sold in 2007Description of PropertyDate AcquiredDate SoldSales PriceCost or BasisExpense of Sale
VEHICLE INFORMATIONYearMakeModelDate placed in service?.... # of months of vehicle business use?....
Total mileage put on the vehicle for the year?.............................
Total business mileage put on the vehicle for the year?..............
Total commuting mileage put on the vehicle for the year?..........
Average daily round trip commute to work?.................................
LEGAL OWNER OF AUTOMOBILE: COMPANY INDIVIDUALIf the company owns or leases this automobile in the Company name, complete Section A.
Otherwise, skip to Section B.
SECTION A - Company Ownership or Lease of AutomobileDate first used for this Company�Value on that Date��..$
Date stopped using this vehicle�.Value on that Date��..$
Expenses for this Year:
Garage Rent�.$Repairs$Maintenance$
Gasoline���.$Tags�.$Washing��$
Insurance���$Tires�.$
Parking���..$Tolls�.$
OWN ONLY:
Value of vehicle when purchased�.$
Amount financed��������$
Current balance owed on loan��.$ As of �(Date)
Annual interest paid on loan���.$
LEASE ONLY:
Annual lease payments�����.$
SECTION B - Individual Ownership or Lease of AutomobileVehicle Owner's Name�.Social Security #
Is this individual an:��� Partner/Shareholder Employee OtherDid the company reimburse this individual? Yes or NoIf yes, how much was reimbursed to this individual?...................................$
Home Office DeductionIf you answer yes to both of the following questions then you qualify for the home officededuction:
Was your home a principal place for you to meet customers and/or do your business administration?
Yes or NoWas the home office exclusively used for business purpose? Yes or NoTotal house square footage?...........Business area square footage?................
Total purchase price of house?.......$Land value you included in price of house?$
Expenses:
Mortgage interest���.. Rent����������
Real estate taxes���.. Repairs/Maintenance��..
Insurance������� Utilities��������..
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