All of this will be reported together on your tax return.

Naturally, some of the COVID era high rental growth darlings such as Phoenix and Tampa have gotten caught in the mix.Conversely, markets with low supply, including some in the Midwest, saw rent increases of over 3%.

Based on the information you provided, I'm operating under the assumption that you have a single-member LLC whose activity is reported on Schedule C of your personal income tax return.I hope that helps and best of luck with your rental property!

We include a clause in our contract stipulating that closing is contingent upon tenants vacating. 

I have been working on a insurance evaluation for everyone here and I will look at including this info in the post...once I can get ANY insurer to get back to me...

I would imagine any final version of drawings in you posession  will contain language similar to what I am including below:

Or, perhaps if you were in public company their reporting requirements would be as such?  

Your future leases should include that this is your process. 

The much anticipated ADP Private Payroll report came in at 176K.

There are four main ways that I recommend: Appraisal reports, comparable sales, tax cards and national averages.