Blog/Taxes

Landlord's Guide to Rental Income & Taxes in 2026

FinWise Editorial TeamMarch 25, 202610 min read

Table of Contents

โ†’Deductions
โ†’1031
โ†’Conclusion

Report rental income on Schedule E (US). Depreciation reduces taxable income but recaptures at sale.


Deductions


Mortgage interest, insurance, repairs, management fees, travel to propertyโ€”ordinary and necessary.


1031


Like-kind exchanges can defer gainsโ€”strict timelines and rules.


Conclusion


Separate bank accounts for each property for clean books.

rental propertySchedule Edepreciationlandlord

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