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Residential
United States
📊xlsx•85 KB

Schedule E Tax Worksheet for Landlords (IRS)

IRS Schedule E preparation worksheet: rental income tracking, expense categorization, depreciation calculator, and deduction optimizer.

About This Template

Comprehensive Schedule E tax worksheet for rental property owners. Tracks rental income, operating expenses, mortgage interest, depreciation (27.5 years), and calculates net rental income/loss. Includes QBI deduction calculator.

What's Included

Property Information

Address, purchase date, cost basis, land vs building allocation

Rental Income

Monthly rent, late fees, pet fees, other income, security deposits kept

Operating Expenses

Management fees, insurance, taxes, utilities, repairs, advertising, legal, HOA

Depreciation Calculator

27.5-year residential, improvements tracking, de minimis safe harbor (<$2,500)

Schedule E Summary

Lines 3-26 mapped, net income/loss, passive loss limitations, QBI deduction

Receipt Organizer

Expense category tracker, receipt scanning log, 7-year retention

Key Features

Automatic Schedule E calculation
27.5-year depreciation tracker
Expense categorization
QBI deduction calculator (20%)
Mileage log (67¢/mile)
Multi-property support
Form 4562 helper
Receipt organization system

Legal Disclaimer

Tax laws change annually. This worksheet is educational tool, not tax advice. Consult CPA or enrolled agent for filing. All templates from Leasense are reference documents only. We strongly recommend sourcing templates from official sources in your country and liaising with a legal professional before entering any legally binding agreement.

Template Details

Format:xlsx
File Size:85 KB
Last Updated:Mar 12, 2026
Location:United States
Property Type:Residential

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