Free Rental Property Tools

Professional calculators and tools to help you manage your rental properties and maximize your tax savings. 100% free, no signup required.

Tax Tools

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Schedule E Calculator
Calculate your rental property income, expenses, and net profit for IRS Schedule E filing. Get instant results.
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Tax Deduction Estimator
Estimate how much you can save in taxes with common landlord deductions like depreciation, repairs, and expenses.
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Investment Tools

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Rental ROI Calculator
Calculate your rental property Return on Investment (ROI) including cash flow, appreciation, and tax benefits.
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Property Valuation Estimator
Get a quick estimate of your rental property value based on market data and comparable properties.
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Income Tools

Rental Income Calculator
Estimate your potential rental income based on location, property type, and market conditions.
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Templates

Expense Tracker Template
Download our free Excel template to track all your rental property expenses organized by IRS categories.
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Need More Than Calculators?

LandlordTax automatically tracks all your rental income and expenses, categorizes them for tax purposes, and generates complete Schedule E reports in seconds.

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Why Use Rental Property Calculators?

As a landlord, understanding your rental property's financial performance is crucial for making informed decisions. Our free calculators help you:

  • Calculate ROI accurately - Include all factors like cash flow, appreciation, and tax benefits
  • Estimate tax savings - See how deductions like depreciation reduce your tax bill
  • Track Schedule E expenses - Organize expenses in IRS-compliant categories
  • Compare investment opportunities - Make data-driven decisions on property purchases

Common Landlord Tax Deductions

Most landlords miss out on thousands of dollars in legal tax deductions. Here are the most common:

  • Depreciation - Deduct 3.636% of building value annually (27.5 years)
  • Repairs & Maintenance - Plumbing fixes, painting, appliance repairs
  • Property Management Fees - Fees paid to property managers
  • Insurance - Property, liability, and flood insurance
  • Utilities - If you pay for tenant utilities
  • HOA Fees - Homeowners association dues
  • Mortgage Interest - Interest paid on rental property loans
  • Property Taxes - Real estate taxes
  • Travel Expenses - Mileage and trips to manage properties

How to Calculate Rental Property ROI

Return on Investment (ROI) for rental properties isn't just about rental income minus expenses. A complete ROI calculation includes:

  1. Cash Flow - Monthly rent minus all expenses (mortgage, taxes, insurance, maintenance)
  2. Appreciation - Property value increase over time
  3. Tax Benefits - Savings from deductions and depreciation
  4. Loan Paydown - Equity buildup as tenants pay your mortgage

Our ROI calculator factors in all these components to give you the true picture of your investment's performance.

Schedule E Tax Form Explained

IRS Schedule E (Form 1040) is where you report rental property income and expenses. It's divided into sections:

  • Part I - Income and expenses from rental real estate (most common for landlords)
  • Rental Income - Total rent collected during the tax year
  • Expenses - 14 categories including advertising, repairs, utilities, depreciation, etc.
  • Net Profit/Loss - Income minus expenses (carries to Form 1040)

Our Schedule E calculator helps you organize all income and expenses correctly before filing.