Rental Expenses

Include but are not limited to:

  • Mortgage and home equity loan interest
  • Property and school taxes
  • Advertising
  • Repairs
  • Utilities – gas, electric, water and sewer, refuse, cable
  • Management, condo, or association fees
  • Travel – generally one trip per year if out of state, includes mileage, airfare, lodging and meals
  • Local travel at mileage rate: trips to building, pick up supplies, rent to the bank, etc
  • Bank service charges
  • Long distance phone calls
  • Supplies such as light bulbs, furnace filters, etc
  • Lawn care and snow plowing
  • Legal fees for evicting tenants or creating leases
  • Share/Bookmark

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