The quick read
Key points
- Confirm complete activity and property scope.
- Review unusual categories and transfers.
- Save the reviewed preparation export.
Confirm the report scope
Select the correct tax year and property scope, then check that the underlying period is complete. Note missing bank or manager statements. A correctly labelled category can still produce an incomplete total when activity has not been entered.
Inspect the category mapping
Review the chart of accounts and the transaction types behind each reported amount. Pay special attention to transfers, loan principal, refundable deposits and owner funding. Those records need their own accounting context rather than a default rental-income or expense label.
Explain uncertain items
Prepare a question list for mixed invoices, projects, reimbursements and unusual receipts. Keep the source documents and proposed classification with the question. An automated suggestion is not evidence that a cost belongs on a particular tax line.
Treat the export as preparation
Save the reviewed report with its date range and the supporting reconciliation. Give it to a qualified professional for filing decisions and any required adjustments. IQ does not file Schedule E or determine tax eligibility; this is not tax advice.
Before you finish
- Confirm complete activity and property scope.
- Review unusual categories and transfers.
- Save the reviewed preparation export.
Keep your next step simple.
Use the product guide for the app workflow, or contact support with your question. Bookkeeping reports are not tax advice; review filing decisions with a qualified professional.