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Click ‘Get Form’ to open it in the editor.
Begin by filling out the BASIC PROPERTY INFORMATION section. Enter the property description, type, and location details including street address, city, state, and zip code.
Indicate whether this activity qualifies as a trade or business under Section 199A by checking 'Yes' or 'No'.
Complete the ownership percentage field if applicable, and answer questions regarding payments that require filing Form(s) 1099.
If this is a rental property, answer questions about personal use and rental days during the year. Provide details on multiple living units if relevant.
Fill in the INCOME section by entering rents or royalties received for both 2023 and 2022.
Finally, complete the EXPENSES section by detailing all relevant costs associated with the property for both years.
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