Rental Property Receipts, Tracking Expenses & CPA's

[Matt Moldenhauer]

I'm curious to know how other people handle their receipts with their CPA. This past season was the first time we claimed our first rental property on our taxes. We only had a few receipts to turn in to our CPA, so i just gave them to her in a folder with all of our other paperwork. This next year will be a different story though. We've done a lot of minor things to our rental house and plan on purchasing two more before the end of the year. We will keep all of the houses and expenses separate. Looking at the Schedule E, is that something I should go through my receipts for each property and fill out to the best of my ability? Or should I just hand over the file for each house and let her do all of the work so everything gets classified correctly?