Rental Property and Airbnb Taxes: Free Tools and Guides

Free guides and calculators for landlords and Airbnb hosts in Connecticut and North Carolina: day counts, depreciation, cash flow vs. taxable income, and occupancy taxes.

Start here

Not sure which rules apply? Short stays (Airbnb, Vrbo) and long-term leases are taxed differently. Start with the guide that matches how you rent, then run the numbers.

Short-term vs. long-term rentals at a glance

Short-term (average stay 7 days or less)Long-term lease
Usual tax formSchedule E (Schedule C with hotel-style services)Schedule E
Self-employment taxOnly on Schedule CNo
$25,000 loss allowanceDoesn't apply; material participation mattersAvailable if you actively participate (phases out $100,000 to $150,000 MAGI)
Occupancy or sales taxCT: 15% room occupancy tax. NC: state and local sales tax plus local occupancy taxGenerally none for leases of 90 days or more
Building depreciation27.5 years if residential27.5 years residential, 39 years commercial

More free tools: All calculators · Free tax guides · For individuals and families

Frequently asked questions

Are these rental tax tools free?

Yes. The calculators and guides are free and need no signup. They give estimates for education, not tax advice.

Do you cover North Carolina rentals?

Yes. The guides cover Connecticut and North Carolina rules, including occupancy and sales taxes around Wilmington and Leland, and state depreciation add-backs.

Which tool should I start with?

If you host short stays, start with the day count checker. If you have a long-term tenant, start with the rental property tax guide. Then use the depreciation and cash flow calculators.

Free education only. Not tax, legal or investment advice, and not a promise of any result. Tax rules change, so confirm with the IRS (irs.gov), the CT Department of Revenue Services (portal.ct.gov/drs), the NC Department of Revenue (ncdor.gov) or your town or county before you act, and ask your tax preparer about your own situation.

Have a rental and want it handled right at tax time?

Or call (475) 242-7941. Services are priced by quote.

Enhance Finance LLC · Andrew Nocera, Tax Preparer & Small-Business Finance Consultant. Based in Connecticut and working with North Carolina clients remotely.

Not tax, legal or investment advice. Figures are estimates for education. Checked November 2026.