Real Estate Tax
Rental Income Tax Calculator
Calculate taxable rental income, deductions, and estimated tax liability.
Annual Rental Income
$
Total rental income received during the year
Property Expenses
Add expense items
Mortgage interest, property tax, insurance, repairs, etc.
Depreciation
$
Annual depreciation on the rental property
Tax Rate
%
Your marginal tax rate
Tax
0%
Tax Liability
$0
estimated tax due
Net Rental Income
$0
Total Deductions
$0
Taxable Income
$0
Effective Tax Rate
0%
📊 Tax Breakdown
| Category | Amount | % of Income |
|---|
How the formula works
Net Rental Income = Rental Income − Total Expenses − Depreciation | Tax = Net Income × Tax Rate
- Rental Income = Total rent received from tenants
- Expenses = Mortgage interest, property tax, insurance, repairs, etc.
- Depreciation = Annual property depreciation deduction
- Net Rental Income = Income − Expenses − Depreciation
- Tax Liability = Net Rental Income × Your Marginal Tax Rate