Rental Income Tax Calculator
The calculation below is for passive rental income. If renting is done as a business, it's taxed differently, and business expenses can be deducted. To know which applies, we look at how the rental is run. Usually, short-term rentals like hotel stays are treated as business income, while long-term rentals are considered passive.
Deductible Expenses
Automatically calculated based on your rental income and expenses
Effective rate: 0.0%
*Computed based on the maximum tax rate of 35% income tax for individual taxpayer
Effective rate: 15.0%