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Individual · Individual Tax

Rental Property Tax Support in Utah

Depreciation, repairs versus improvements, passive activity, and short-term rentals, handled correctly for your properties.

Request a Rental Property Tax Review(801) 610-9570

What you get

Rental real estate has some of the best tax advantages in the code and some of the easiest ways to get it wrong. Misclassifying a repair as an improvement, mishandling depreciation, or assuming a strategy applies when it does not can cost you at filing time or in an audit.

We prepare and plan for rental and real estate owners across Utah, from a single rental to multiple properties and short-term rentals, and we are straight with you about which strategies actually fit your situation.

What's included

  • Rental income and expense preparation done right
  • Depreciation set up and tracked correctly
  • Repairs versus improvements classified properly
  • Passive activity and loss rules applied to your situation
  • Short-term rental treatment when it applies
  • Planning for multiple properties and future sales

Why it matters

The difference it makes

Claim what you are owed

Depreciation and deductions captured correctly, not left on the table.

Stay audit-ready

Repairs, improvements, and passive losses handled by the book.

Honest about strategy

We tell you when an advanced strategy fits, and when it does not.

Built to scale

From one rental to a growing portfolio and eventual sales.

Transparent, up-front pricing

Rental returns and planning are scoped to the number of properties and complexity. Individual preparation starts at $325, and we confirm your price before we start.

Request a Rental Property Tax Review

Service area

Rental Property Tax across Utah County & the Wasatch Front

5D provides rental property tax to businesses and individuals throughout Utah County and the surrounding Wasatch Front. Most of our work happens securely online, so you get the same team whether you are down the street or across the valley. Find your city:

FAQ

Rental Property Tax questions

Still unsure? Ask us directly.

Can I deduct repairs on my rental?
Routine repairs are generally deductible in the year you pay them, while improvements that add value or extend the life of the property are capitalized and depreciated over time. We classify each correctly so you stay compliant and do not overpay.
How does depreciation on a rental work?
You depreciate the building (not the land) over 27.5 years for residential property, which shelters part of your rental income each year. It is recaptured when you sell, so it needs to be tracked correctly from the start.
What are the passive activity loss rules?
Rental losses are generally treated as passive, which can limit how much you deduct against other income unless you meet specific tests. We apply these rules to your actual situation rather than assuming.
Do short-term rentals get different tax treatment?
Sometimes. Short-term rentals with a short average stay and material participation can be treated differently from a standard rental, but it depends on the facts. We confirm whether it applies to you before relying on it.
Does cost segregation or bonus depreciation apply to me?
They can accelerate deductions, but they depend on your property, your income, and your goals, and they are not the right move for every owner. We assess your specific situation before recommending either one.
Can I qualify as a real estate professional?
Real estate professional status has strict time and material-participation tests. It is powerful when you qualify, but it is narrow and fact-dependent. We will tell you honestly whether you meet the requirements.

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Ready to talk about rental property tax?

Tell us about your situation and we'll walk through exactly how 5D can help.

Request a Rental Property Tax Review(801) 610-9570