About the Tax Review
To run your Tax Review:
1) Navigate to the Reports page
2) Click on Tax Review
3) Continue through the prompts
Select the appropriate tax year and click Continue.
Depreciation is all about your fixed assets and capital improvements. If you are not tracking in REI Hub, ensure that your tax preparer is managing and entering on your taxes on your behalf.
Learn more about mileage deductions here!
7) Escrow Expenses
To enter in your annual expenses paid out of escrow, use our Escrow Expense transaction type. This transaction type allows you to select the Escrow Account you have been funding as the payment account for the expenses.
8) Review Summary and Tax Packet
After clicking through, you will end on the Tax Review Summary. The summary includes the same explanations and double checks, expandable or collapsible via buttons on the right.