HomeMy WebLinkAbout20210598 Driscoll Use Variance Schedule E Schedule E Schedule E Worksheet 2018
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Name(s)shown on return Social Security No.
Joseph D & Pamela J Dri sco]1 5
General Information:
Property description 169 Washington
Property type. . . 1 Single Family Residence If type is other, enter a description.
Location (street address) 169 Washi nTon St.
City Saratoga Spri State . . . . NY ZIP code . . . . 12866
If a foreign address: Foreign province or state . .
Foreign postal code . . . . Foreign country . . .
Complete For All Properties:
Did you make any payments that would require you to file Form(s) 1099? Yes No X
If yes, did you or will you file all required Form(s) 1099? Yes No
Complete For All Rental Properties:
Days rented at fair rental value. . . 365 Days of personal use 0
Check All That Apply:
A Owned by spouse B Owned jointly X
C Active participation X D Material participation X
E Qualified joint venture F Some investment is not at risk
G Other passive exceptions H Complete taxable disposition-See Help .
Trade or business not subject to net investment income tax
I Treat all MACRS assets for this activity as qualified Indian reservation property? . . . Yes No X
J Treat all assets acquired after August 27,2005 as
qualified GO Zone property? Regular Extension No X
K Treat all assets acquired after May 4, 2007 as
qualified Kansas Disaster Zone property? . . . . . . . . . . . . . . . . . . . . . . . . . Yes No X
L Was this activity located in a Qualified Disaster Area? . . . . . . . . . Yes No X
M Reserved for future use
Ownership Percentage:
N Check to allocate income and expenses using ownership percentage
O Enter ownership percentage
Owner-Occupied Rentals:
P Check to allocate personal use items to Schedule A
Q Percentage of rental use
Vacation Home or Property with Personal Use Days:
R Check to allocate interest and taxes using the Tax Court Method
S Number of days property owned if less than the entire year . . . . . . . . . . . . . . . . . . . . . . . .
Property Location Page 2
169 Washington St. , Saratoga Springs , NY 12866
Income % if Different Total
3 Enter rental income (not reported elsewhere). . . . 13,200.
Rental income from Form 1099-MISC
Rental income from Form 1099-K
Rental Income from Cancellation of Debt Wks . .
Total rents received 13,200. 100.000000 13,200.
4 Enter royalties received (not reported elsewhere)
Royalty income from Form 1099-MISC
Royalty income from Form 1099-K
Royalty Income from Cancellation of Debt Wks. .
Royalty Income from Schedule K-1
Total royalties received
(a) (b) (c) (d) (e)
Expenses Total Enter% Reported On Vacation Allocated to
if not Schedule E Home Loss Personal
100.00 Limitation use
5 Advertising 0. 0.
6 a Auto 607 . 607 .
b Travel 0. 0.
7 Cleaning and maint . . 63. 63.
8 Commissions 0. 0.
9 a Mort insur qualified . .
From Form 1098 import
Total mort insur qual .
b Other Insurance . . . . 653. 653.
10 Legal&other prof fees 0. 0.
11 Management fees . . . 0. 0.
12 a Mortgage int qualified .
From Form 1098 import
Total mort int qualified
b Mort int other
From Form 1098 import
Total mort int other. .
13 Other interest 0. 0.
14 Repairs 2, 985. 2, 985.
15 Supplies 32 . 32 .
16 a Real estate taxes . . . 4,538.
From Form 1098 import
Total real estate taxes 4,538. 4,538. 1
b Other taxes 0. 0.
17 Utilities 997 . 997 .
18 a Depreciation 5,362 . 5,362 .
b Depletion
c Depreciation carryover
19 Other expenses . . . .
a
b
c
d
e Indirect operating exp .
f Operating exp carryover
g Vehicle rental
h Amortization
20 Add lines 5 through 19 15,237 . 15,237 .
21 Income or(loss) —2, 037 .
22 Deductible rental real estate loss —2, 037 .