Prepare and review a Schedule E report
Choose the year, rental scope and report options, then check the category lines before exporting for tax preparation.
On this page
Sign in to the intended landlord portfolio with accounting access. Follow any plan or permission notice before running or exporting the report.
Choose the tax year and review uncertain categories, personal use, mileage and asset history with your tax preparer. Rentari produces a reporting summary, not a completed or filed tax return.
Step 1: Open Schedule E and check its scope
Choose Open Schedule E below. You can also open Accounting, choose Reports and find Schedule E under Tax season. Review the year, rental scope and basis displayed above Income, Expenses and Net.
Step 2: Choose the year, property and source
Open More filters. Set Tax year and Portfolio/property. Choose Report source explicitly: Payments made and posted deductions excludes unpaid and failed charges, while Recorded ledger, including unpaid entries can include unpaid records. Confirm the basis after Run, especially when comparing with P&L or another export.
Step 3: Review mileage, allocation and business use
Under Shared portfolio transactions, choose Keep separate or Divide revenues and expenses evenly by property. Under Mileage deductions, choose Include logged mileage or Exclude logged mileage. Set Business use percent to the reviewed value, then choose Run. Read the resulting notes and compare Income, Expenses, Total income, Total expenses and Income or (loss).
Step 4: Export the reviewed report
Open Download and choose Excel workbook (this view), CSV (this view) or PDF. The export keeps the current year, property, source, allocation, mileage and business-use choices. Compare the file with the on-screen totals before sharing it with your preparer. If PDF opens a printable report, use the browser’s print or save controls.
Understand what the options include
Included logged mileage can supplement expenses with unposted logs; linked deductions are counted once. Excluding mileage removes deductions and refunds linked to the mileage log. Other Auto and travel expenses and older entries without a mileage-log link can remain. Inspect the original trip and expense rather than assuming the entire category disappears.
Line 18 uses supported asset and booked depreciation history. Unassigned computed asset depreciation is not redistributed by the shared-transaction setting. If historical detail is unknown or the report shows a review message, resolve the asset’s assignment and annual history before relying on the export.
Investigate differences before correcting records
Compare the same year, property, source and options. Check original categories, unbooked or duplicate imports, loan interest versus principal, linked mileage and depreciation history. A missing category line or zero does not establish that no activity occurred. Use the dedicated transaction or asset workflow for corrections.
Schedule E and Form 8825 use different reporting categories and serve different filing situations. Confirm the appropriate form and treatment with your preparer. The report does not decide deductibility, apply every tax-return limitation or submit a return. Use Tax review or the tax-packet workflow separately when you need broader preparation checks.
Check the result
- The displayed year, property and basis match the intended review, with allocation, mileage and business-use effects understood.
- The exported file matches the same report settings and totals; unresolved classifications or asset-history messages are identified for review.
FAQs
Does exporting file a return?
No. It produces a report for review, not a submitted return or a determination of deduction eligibility. Confirm the form, classifications and applicable limitations with your tax preparer.
Why is depreciation flagged?
Check the asset’s property assignment, historical balances and annual deductions. An accumulated opening balance may not establish an individual annual expense. Resolve the history shown in the message before relying on Line 18 or exporting again.