UT

Rental Property Tax Guide for Utah (2026)

By RentalReportLab Team • Updated March 2026

Key Facts for Utah Landlords

State Income Tax

4.65% flat

Avg. Property Tax Rate

0.58%

Depreciation

Follows federal (27.5 years)

  • Flat 4.65% income tax
  • Low property taxes
  • No rent control
  • Fast-growing market (Salt Lake City, Park City STR)

Utah Rental Property Tax Overview

Utah imposes a state income tax of 4.65% flat on rental income, in addition to federal income taxes. As a Utah landlord, you'll need to report rental income on both your federal return (IRS Schedule E) and your UT state return. The state tax is calculated on your net rental income after deductions, and the same deductions you claim on Schedule E generally apply at the state level.

Property taxes in Utah average 0.58%, which is below the national average of approximately 1.1%. Property taxes are fully deductible on IRS Schedule E, Line 16. Popular rental markets in Utah include Salt Lake City, Park City, Provo, St. George.

Deductible Rental Property Expenses in Utah

The following expenses are deductible on IRS Schedule E for your Utah rental properties. RentalReportLab automatically maps each expense to the correct Schedule E line item.

ExpenseSchedule E LineNotes
Advertising / Platform FeesLine 5Airbnb/VRBO fees, listing costs
Auto & TravelLine 6Mileage to property for management
Cleaning & MaintenanceLine 7Regular upkeep, cleaning between tenants
InsuranceLine 9Landlord policy, liability, umbrella
Legal & ProfessionalLine 10Attorney, CPA, property manager fees
Management FeesLine 11Property management company (8-25%)
Mortgage InterestLine 12Interest portion only (not principal)
RepairsLine 14Fixes that restore condition (not improve)
SuppliesLine 15Hardware, cleaning supplies, keys
Property TaxesLine 16Utah avg: 0.58%
UtilitiesLine 17If landlord-paid: electric, gas, water, internet
DepreciationLine 1827.5-year straight-line (building only)

Filing Schedule E for Utah Properties

As a Utah landlord, you report rental income and expenses on IRS Schedule E (Form 1040). Each property is listed separately on Schedule E with its address and rental days. Your net rental income (or loss) flows to your Form 1040. You'll also need to report this income on your UT state return. Most Utah tax forms reference your federal Schedule E amounts.

RentalReportLab generates a Schedule E-mapped P&L report that organizes your income and expenses exactly as they appear on the form. Print it, hand it to your CPA, and you're done. Or share a read-only link directly with your accountant.

Important Deadlines for Utah Landlords

  • April 15, 2026: Federal tax return deadline (IRS Schedule E)
  • April 15, 2026: UT state income tax return deadline (most states align with federal)
  • October 15, 2026: Extended federal tax return deadline (if filed for extension)
  • January 31, 2027: Send 1099-NEC to contractors paid $600+ during 2026

This guide is for informational purposes only and does not constitute tax or legal advice. Tax laws change frequently. Consult a qualified CPA or tax professional for guidance specific to your Utah rental properties.

Frequently Asked Questions

More State Tax Guides

Track your Utah rental properties for free

RentalReportLab maps every expense to the correct IRS Schedule E line item. Generate your UT rental property P&L report in seconds.

  • Free forever for 1 property
  • Schedule E categories pre-built
  • Depreciation auto-calculated
  • Accountant share links included