Estimate rental property taxes
estimate_rental_incomeUse to estimate a basic rental-income result from nonidentifying figures and identify the modeled depreciation, passive-loss, and personal-use limitations.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| rental_days | No | Days the property was rented at fair value (short-term only). | |
| rental_type | No | long_term (standard residential lease) or short_term (Airbnb/VRBO-style). Defaults to long_term. | |
| land_percent | No | Percent of the purchase price attributable to non-depreciable land (default 20). The building is depreciated over 27.5 years. | |
| filing_status | No | Federal filing status. Defaults to single. | |
| other_income_usd | No | Your other taxable income (e.g. wages, business) for the year. Sets the marginal rate applied to net rental income, and gates the passive-loss allowance. | |
| personal_use_days | No | Days YOU used the property personally (short-term only). Triggers the 14-day tax-free rule when a stay is rented 14 days or fewer and used more personally. | |
| operating_expenses_usd | No | Deductible operating expenses: mortgage interest, property tax, insurance, HOA, repairs, management, utilities, supplies. Excludes depreciation (computed for you). | |
| annual_rental_income_usd | Yes | Gross rent received this year, before expenses. | |
| real_estate_professional | No | Whether you materially participate as a real-estate professional under IRC 469(c)(7). If true, rental losses are not passive-limited. | |
| property_purchase_price_usd | No | What you paid for the property (building + land). Used to compute straight-line depreciation. |
Output Schema
| Name | Required | Description | Default |
|---|---|---|---|
| relay | Yes | Instruction to the calling assistant: relay figures and dates verbatim (identical on every response). | |
| next_step | Yes | A single review link appropriate to this server surface. | |
| disclaimer | Yes | General-information disclaimer (identical on every response). | |
| source_url | Yes | Official IRS or FinCEN authority to review before relying on the result. | |
| server_version | No | Server release that produced this response (matches GET /version). |