If you bought a property you may have received a 1098-Mortgage Interest tax form from the bank that includes the mortgage interest principal and any property taxes paid for that year. For the sale of a personal residence, we need the following: • Original purchase date and purchase price • The closing disclosure of the original purchase of the property • Total cost of improvements during the time the home was in your possession Clients that are selling a rental property need to provide: • The closing disclosure of the original purchase of the property • Cost of improvements for the current tax year (our software will incorporate prior improvements that will be reflected on a depreciation schedule) If you are a new client selling a rental property, please provide all the above and a copy of your prior year tax return that includes the depreciation schedule. Once you are in receipt of all the documents, send them as soon as possible so that we can calculate an estimated payment for the tax year that the sale occurred.