Sample · Fictional Data Only

Sample Rental Tax Pack Draft
for CPA Review

See the kind of property-level summary, transaction detail, receipt index, missing-document checklist, and review flags PropFlow prepares from messy landlord records.

⚠ SAMPLE ONLY — All data below is entirely fictional and for product demonstration purposes only. No real client, property, transaction, or tax information is shown.

About this sample

This sample is fictional and for product demonstration only. PropFlow organizes rental records for CPA, bookkeeper, or tax preparer review. PropFlow does not provide tax, legal, accounting, or bookkeeping advice and does not file tax returns. Final tax treatment should be reviewed by a qualified professional.


Sample scenario


Packet contents


Property-level income and expense summary

Draft summary for 123 Maple St, Austin TX — Tax Year 2025. All figures are draft only. CPA/bookkeeper to verify and adjust before use.

Income — draft

Category Amount Notes
Gross Rental Income $21,600 11 months recorded × $1,800 — see flag: Feb 2025 missing
Vacancy / Loss $0 No vacancy recorded in source files
Total Income (draft) $21,600 Excludes Feb 2025 — CPA to confirm

Expenses — draft

Category Amount Notes
Mortgage Interest $11,200 Per Form 1098 — draft; CPA to verify
Property Tax $3,850 Per county records
Insurance $1,440 Annual premium — receipt on file
Repairs & Maintenance $2,890 See transaction detail — includes review flags
Property Management $2,160 10% of gross rent per management agreement
HOA Fees $600 $50/month × 12
Utilities (landlord-paid) $480 Water / trash — receipts on file
HVAC Replacement $4,200 ⚑ Repair vs improvement review — CPA to confirm final treatment
Total Expenses (draft) $26,820 Before depreciation — draft only, CPA to adjust
Draft only. This summary was prepared from raw bank CSVs and client-supplied records. Categories are drafts pending CPA/bookkeeper review. HVAC replacement is flagged separately; final treatment to be determined by CPA.

Transaction detail preview

Selected rows from the full transaction detail. Full CSV included in export package.

Date Property Type Vendor / Payer Description Amount Draft Category Receipt Review Flag
2025-01-15 123 Maple St Income Williams, J. Rent — Jan 2025 +$1,800 Rental Income
2025-02-03 123 Maple St Expense City Plumbing LLC Emergency plumbing repair −$650 Repairs & Maint. ✓ Matched
2025-04-12 123 Maple St Expense Home Depot HVAC filter + supplies −$89 Repairs & Maint. ✓ Matched
2025-05-20 123 Maple St Expense City Plumbing LLC Plumbing — possible dup −$650 Repairs & Maint. ⚑ Missing Possible duplicate
2025-07-08 123 Maple St Expense Unknown vendor Hardware store — unidentified −$212 Uncategorized ⚑ Missing Needs category review
2025-09-01 123 Maple St Expense National HVAC Co. HVAC system replacement −$4,200 Repair vs Impr. — review ✓ Matched CPA review required
2025-12-15 123 Maple St Income Williams, J. Rent — Dec 2025 +$1,800 Rental Income

Receipt index preview

Receipt File Date Vendor Amount Linked Transaction Property Status
receipt_001_plumbing.pdf 2025-02-03 City Plumbing LLC $650 2025-02-03 123 Maple St Matched
receipt_002_hvac_filter.jpg 2025-04-12 Home Depot $89 2025-04-12 123 Maple St Matched
receipt_003_hvac_replacement.pdf 2025-09-01 National HVAC Co. $4,200 2025-09-01 123 Maple St Matched
2025-05-20 City Plumbing LLC $650 2025-05-20 123 Maple St Receipt missing
2025-07-08 Unknown vendor $212 2025-07-08 123 Maple St Receipt missing

Review flags preview

PropFlow flags items that need CPA or bookkeeper decision before preparation can proceed. All flags are marked as needing professional review — PropFlow does not resolve them.

Flag Type Description Item Action Needed
Missing rent check No rent received for February 2025 123 Maple St — Feb 2025 CPA/bookkeeper to note or client to confirm
Receipt missing No receipt on file for this transaction 2025-07-08 hardware store $212 Receipt missing — CPA to note or client to provide
Possible duplicate Same vendor, same amount, different date City Plumbing $650 — Feb 3 vs May 20 CPA/bookkeeper to confirm; remove if duplicate
Needs category review Vendor and purpose unclear from bank description 2025-07-08 hardware store $212 CPA/bookkeeper to assign category
Repair vs improvement — review Large capital item — treatment unclear from source 2025-09-01 HVAC replacement $4,200 CPA/bookkeeper to confirm final treatment

Maintenance evidence preview

One maintenance item included in this sample packet.

Item Date Vendor Amount Receipt Linked Transaction Review Note
HVAC system replacement 2025-09-01 National HVAC Co. $4,200 ✓ receipt_003_hvac_replacement.pdf 2025-09-01 CPA/bookkeeper to confirm final treatment (expensed repair vs. capitalized improvement)
PropFlow does not determine repair vs. improvement treatment. This item is flagged for CPA or bookkeeper review. The flag includes the invoice, linked transaction, and a plain-language description. Final categorization is the preparer's decision.

Export package structure

The final export ZIP contains all packet files organized for CPA or bookkeeper intake. Structure shown below is for this fictional sample.

PropFlow_TaxPack_2025_Sample.zip ├── 00_ReadMe_CPA_Notes.pdf ├── 01_Tax_Pack_Summary.pdf ├── 02_Property_Level_P&L.xlsx ├── 03_Transaction_Detail.csv ├── 04_Review_Flags.xlsx ├── 05_Missing_Document_Checklist.xlsx ├── 06_Receipt_Index.xlsx ├── 07_Maintenance_Evidence.xlsx ├── receipts/ │ ├── receipt_001_plumbing.pdf │ ├── receipt_002_hvac_filter.jpg │ └── receipt_003_hvac_replacement.pdf └── source-files/ ├── client_bank_export_2025.csv └── rent_ledger_2025.xlsx

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Related

This sample is fictional and for product demonstration only. No real client, property, transaction, or tax information is represented. PropFlow organizes rental records into a draft packet for CPA, bookkeeper, or tax preparer review. PropFlow does not provide tax, legal, accounting, or bookkeeping advice and does not file tax returns. Final tax treatment should be reviewed by a qualified professional.