Landlord Tax Preparation Tool

IRS Schedule E (Line 18) 27.5-Year Residential Rental MACRS Depreciation Calculator

Separate non-depreciable land value from building basis, add capitalized closing/improvement costs, and calculate your annual 27.5-year straight-line MACRS deduction.

Purchase Price ($)

Land Value Allocation (%)

Capital Improvements ($)

Marginal Tax Bracket (%)

Non-Depreciable Land

$57,000

Excluded per IRS Pub 527

Depreciable Building Basis

$246,000

Building + CapEx

Annual Line 18 Deduction

$8,945 / yr

Over 27.5 years ($745/mo)

Est. Annual Tax Savings

$2,147 / yr

At selected tax bracket

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Automate All 15 IRS Schedule E Expense Lines (Lines 5–19) & CPA Handoff

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