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GUIDE_04 / Rental Income & Tax

ADU rental income.
Taxed correctly.

What Washington homeowners need to file, deduct, depreciate, and keep on record after their ADU goes into service. Federal IRS rules plus Washington-specific B&O, lodging tax, and county property-tax implications — all cited to the actual statute or publication.

Disclaimer: This is reference information, not tax advice. Confirm every number with a CPA who knows Washington real estate before filing.

SPEC_01 / Core Rules

The ten rules that matter

Where rental income is reported

Long-term rental income (≥ 30 days) is reported on IRS Schedule E (Form 1040). Short-term rentals (< 30 days avg stay) with substantial services move to Schedule C and trigger SE tax.

Source: IRS Pub. 527; IRC §1402(a)(1)

Depreciation schedule

ADU structure depreciates straight-line over 27.5 years. Land is never depreciable. Cost basis = construction cost + permit fees + design + capitalized site work.

Source: IRC §168(c); IRS Pub. 527 Table 2-2d

Cost segregation opportunity

5-, 7-, and 15-year components (appliances, carpet, landscaping, driveway) can be split out of the 27.5-yr basis. On a $300k ADU, cost seg typically front-loads $30k–$55k of deductions.

Source: IRS Audit Technique Guide — Cost Segregation

Passive activity loss limits

Rental losses are passive. Up to $25,000/yr can offset active income if AGI < $100,000 (phases out by $150,000). Excess losses carry forward indefinitely.

Source: IRC §469(i); Form 8582

Real estate professional status

If you (or spouse) materially participate ≥ 750 hours/yr in real estate, rental losses become non-passive and fully deductible against W-2 income.

Source: IRC §469(c)(7)

WA State B&O on long-term rent

Long-term residential rentals (≥ 30 days) are exempt from Washington Business & Occupation tax under RCW 82.04.390. Short-term lodging is taxable.

Source: RCW 82.04.390; WAC 458-20-118

WA lodging tax (short-term)

Short-term rentals (< 30 days) collect state sales tax (6.5%) + local sales tax + lodging/convention tax. Seattle adds Short-Term Rental Operator Tax of $14/night.

Source: RCW 67.28; SMC 5.30

Property tax on the ADU

King County reassesses the parcel after Certificate of Occupancy. Typical Seattle DADU adds $2,400–$3,800/yr in property tax based on assessed improvement value.

Source: RCW 84.40; King County Assessor

Section 121 exclusion impact

Renting an ADU on your principal residence does NOT disqualify the main house from the $250k/$500k home-sale gain exclusion — but depreciation taken on the ADU is always recaptured at 25%.

Source: IRC §121(d)(6); IRC §1250

1031 exchange eligibility

A rented ADU separately metered and used 100% for rental can qualify as like-kind property for §1031 exchange, deferring capital gain on sale (post-2017: real property only).

Source: IRC §1031; Rev. Proc. 2008-16

MATRIX_01 / Schedule E Deductions

What you can deduct

CategoryExamplesTreatment
Mortgage interest (allocated)Interest on construction loan, HELOC used to build ADUDeduct portion allocated to ADU square footage on Schedule E
Property tax (allocated)King/Pierce/Snohomish County property taxAllocate by square footage; ADU share to Schedule E
InsuranceLandlord policy (DP-3), umbrella, flood100% deductible if specific to rental
Utilities (if owner pays)Water/sewer/garbage if not submeteredAllocate by sqft or actual usage records
Repairs & maintenancePaint touch-up, faucet replacement, gutter cleaning100% deductible in year incurred
Capital improvementsNew roof, HVAC replacement, deck additionCapitalize and depreciate (5–27.5 yrs depending on item)
Professional servicesProperty manager, CPA, attorney, leasing agent100% deductible
Travel & mileageTrips to ADU for repairs, showings, inspectionsIRS standard mileage rate (67¢/mi in 2026) or actual expense
AdvertisingZillow listing fees, tenant screening, photography100% deductible
Depreciation27.5-yr structure + 5/7/15-yr components via cost segNon-cash deduction; recaptured at 25% on sale
EXAMPLES_01 / Worked Scenarios

Three realistic Puget Sound returns

Seattle 1BR DADU — long-term rental
Income

$2,400/mo × 12 = $28,800

Expenses

Depreciation $10,180 + interest $7,500 + insurance $1,400 + property tax $3,200 + repairs $1,800 = $24,080

Result

Taxable income: $4,720. At 24% bracket = $1,133 federal tax. WA: no income tax.

Bellevue 2BR DADU — first year (high depreciation)
Income

$3,200/mo × 12 = $38,400

Expenses

Cost seg accelerated depreciation $34,000 + other expenses $13,400 = $47,400

Result

Passive loss $9,000 (offsets other passive income or carries forward).

Tacoma 1BR garage conversion — STR (Airbnb)
Income

$120/night × 240 nights = $28,800

Expenses

Cleaning $4,800 + supplies $1,200 + platform fees $4,320 + utilities $2,400 + depreciation $7,300 + interest $5,500 = $25,520

Result

$3,280 net profit. Subject to SE tax (15.3%) + income tax. Collect & remit lodging tax separately.

Examples illustrative only — your AGI, depreciation election, and filing status change every number.

TAX / CPA_READY

Cost-segregation, owner-occupied carve-outs, passive-loss rules — get the 1-pager your CPA will actually use.

Most CPAs don't run ADU depreciation correctly the first year. Send your rough build budget and we'll send a brief sized to your scenario.

  • WA-specific property tax reassessment timing
  • Depreciation schedule + cost-seg yes/no call
  • CPA-handoff PDF, free, within 48h
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