How do I calculate rental property tax? Residential rentals depreciate over 27.5 years (building only, not land). Enter your numbers above and the result updates instantly. For example: Annual rental income: $30,000 · Operating expenses: $9,000 · Mortgage interest: $12,000 · Building value (for depreciation): $280,000 → Taxable rental income: −$1,182.
Is this Rental Property Tax Calculator free? Yes — completely free with no sign-up or paywall. It runs entirely in your browser and keeps working offline; the numbers you enter never leave your device.
How accurate is it? It uses the standard published formula for rental property tax. Results are estimates for planning — not financial, tax, medical, engineering, or legal advice.