Landlord Tax Guides by State (2026)

Up to 5% income tax, the Class II 20% rental assessment (vs 10% owner-occupied), full bonus conformity, and a $0 small-LLC privilege tax.

No state income tax, no sales or transfer tax, and property tax that depends entirely on your borough — Anchorage taxes it, unorganized areas often don't.

Flat 2.5% income tax, the 2025 end of rental TPT, and Class 4 assessment.

Graduated income tax up to 3.9% (a cut toward 3.7% pending), a 50% long-term capital-gains exclusion, and landlord-favorable law — but rentals lose the Amendment 79 homestead credit and 5% cap, and Arkansas decouples from federal bonus depreciation.

Prop 13, the $800 LLC franchise tax, AB 1482 rent caps, and bonus-depreciation add-backs.

Flat state rate, Gallagher repeal, and Schedule E specifics for CO landlords.

Graduated to 6.99%, high mill-rate property taxes, a tiered conveyance tax, local fair-rent commissions, and a bonus-depreciation add-back.

A steep 4% realty transfer tax (among the nation's highest) but very low property tax; income graduated to 6.6% with full bonus conformity.

No state income tax, high property insurance, and homestead vs. rental assessment.

Flat 4.99% income tax for 2026, transfer tax, and rent-control preemption.

An 11% top income tax (among the highest) and a General Excise Tax that hits gross rent at 4–4.5%, plus a bonus-depreciation add-back.

Flat 5.3% income tax with a 60% capital-gains deduction that reaches rentals, no transfer tax, but no homeowner exemption on rental property.

Flat 4.95% income tax and some of the highest property taxes in the country.

Flat 2.95% income tax plus a stacking county tax, the 2% rental property-tax cap, and no transfer tax.

Flat 3.8% income tax, post-2021 bonus conformity, the residential rollback (no homestead credit for rentals), and a cheap $30 biennial LLC report.

A two-bracket income tax topping 5.58%, full bonus-depreciation conformity, no transfer tax, and statewide rent-control preemption.

Flat 3.5% income tax and low property tax, but every LLC owes the $175-minimum LLET each year, and bonus depreciation is decoupled.

New flat 3% income tax, immediate bonus-depreciation expensing, low property taxes, no statewide transfer tax, and a $35 LLC report.

Graduated to a new 9.15% top (a 2% high-income surcharge for 2026), a bonus-depreciation add-back, and local rent control in Portland.

Graduated to 6.5% plus a 2.25%–3.20% county tax, the new 2% capital-gains surtax, and local rent control.

Flat 5% plus the 4% millionaire surtax, strict deposit law, and bonus decoupling.

Flat 4.25% income tax, the Proposal A uncapping "pop-up" on purchase, and the lost Principal Residence Exemption.

Graduated to 9.85%, the 80% bonus-depreciation add-back, and St. Paul rent stabilization.

Rentals assessed at 15% vs 10% for owner-occupied, a phasing-down ~4% income tax, no transfer tax, and full bonus conformity.

The new 100% capital-gains exemption for individuals, bonus conformity, and no transfer tax or LLC fee.

Preferential 3.0–4.1% long-term capital-gains rates, no sales or transfer tax, but a higher property rate on unregistered short-term rentals.

High property taxes dominate the math, offset by the LB1107/LB34 credit, while LB754 steps the income tax down to a 4.55% top rate for 2026.

No state income tax, the 3%-vs-8% property-tax cap on rentals, and Nevada LLC carrying costs.

No income tax (the Interest & Dividends tax was fully repealed in 2025) and no general sales tax — but the highest property-tax reliance in the nation, the BPT/BET business taxes, and a 1.5% transfer tax.

Graduated to 10.75%, the highest property taxes, widespread local rent control, and the 2025 mansion-tax change.

Graduated to 5.9%, a 40% capital-gains deduction that reaches rentals, GRT-exempt long-term rent, $0 LLC fees, and low property taxes.

Graduated rates, NYC surcharges, rent stabilization, and the LLC publication rule.

Flat 3.99% for 2026 and the 85% bonus-depreciation add-back spread over five years.

Among the lowest income taxes (top 2.5%) plus a 40% long-term capital-gains deduction that reaches rental sales, and no transfer tax.

Low graduated rates with a business-income deduction and a bonus-depreciation add-back.

Graduated to 4.75%, a standout 5-year capital-gains deduction on Oklahoma property, full bonus conformity, and low property taxes.

Among the nation's highest income tax at 9.9%, statewide rent control (a ~9.5% cap for 2026), no sales or transfer tax, and bonus conformity.

Flat 3.07% on its own rental income class, realty transfer tax, and deposit-escrow rules.

Graduated to 5.99%, a higher non-owner-occupied property class, the new $3.75/$500 conveyance tax, and a bonus-depreciation add-back.

The new H.4216 top rate of 5.21%, the 44% long-term capital-gains deduction, and the 4%-vs-6% rental assessment with Act 388 school tax.

No state income or corporate income tax — rental income is taxed federally only. Property tax is the main cost, rentals miss the owner-occupied school-levy break, plus a tiny $0.50-per-$500 transfer fee and a $55 LLC annual report.

No state income tax, the franchise & excise tax with its FONCE exemption, and the 25%-vs-40% assessment split.

No state income tax, high property taxes, and the franchise (margin) tax for entities.

Flat 4.45% income tax and no transfer tax, but rentals lose the 45% residential exemption — taxed on 100% of value, not 55%.

Rentals pay the higher non-homestead property and transfer-tax rates, with a bonus-depreciation add-back and an income tax topping 8.75%.

Graduated to 5.75%, bonus-depreciation decoupling, and a grantor + recordation transfer-tax stack.

No income tax (real-estate gains exempt from the new cap-gains tax), graduated REET, and the 2025 rent cap.

A falling income tax (top 4.58% for 2026), but rentals sit in Class III/IV and pay double the owner-occupied levy rate.

Graduated to 7.65%, ~1.6% effective property taxes, the Lottery & Gaming Credit rentals lose, and a bonus-depreciation add-back.

No state income tax, very low property taxes (9.5% assessment ratio), no real-estate transfer tax, and the famously cheap $60/year Wyoming LLC — plus why the new 25% homeowner exemption stopped covering rentals in 2026.