Get the free 2025 Property Income and Expense Questionnaire

Complete the 2025 Property Income and Expense Questionnaire for nursing homes and retirement residences. Submit to PVC for year ending December 31, 2023.

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What is property income and expense?

Property income refers to the money earned from rental properties, while property expenses include costs associated with owning and maintaining those properties.

Who is required to file property income and expense?

Individuals or entities that earn rental income from rental properties are typically required to file property income and expense.

How to fill out property income and expense?

To fill out property income and expense, gather all income records, itemize expenses, and use the appropriate tax forms to report totals.

What is the purpose of property income and expense?

The purpose is to report income earned and expenses incurred from rental properties for tax assessment.

What information must be reported on property income and expense?

Reported information includes total rental income, all expense items (maintenance, taxes, utilities), and any other relevant financial data related to property management.