Property Manager Fees & Income Tax

[Jessica H.]

Hi everyone,

This is my first year owning a rental property. My property manager shows fees like "posting & processing fees", "software", "showing the unit" in his financial statements. How should I handle these for tax purposes? Should I keep them in my spreadsheet (which I plan to share with my tax preparer)? These fees are in addition to the monthly fee I pay him. Also, I've noticed that the "posting & processing fees" are charged to me and later charged to the tenant so they cancel out.  I am assuming that if the tenant doesn't pay it back, they will stay as an expense to me.

Thanks in advance for your input! :)

Jessica