CalcYard / Taxes

Rental Property Tax Calculator

Residential rentals depreciate over 27.5 years (building only, not land).

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.

  • Annual depreciation: $10,182
  • Estimated tax (loss — may offset income): $0
  • Cash flow sheltered by depreciation: $9,000