Taxes- How to report rental properties

[Leah Dunnells]

I am trying to finalize our tax paperwork and I am at the step of reporting the income and expenses of the rental property. I can tell based on the rental checking account what the income/expenses were. How do I document this and report it? Do I print out and save an annual statement so if I get audited that is the proof required?

Any assistance would be great, thank you!