Is house rent tax deductible?
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Works at LinkedIn, Lives in Sunnyvale, CA
If you rent an apartment or house, you may be looking for a rental tax deduction. Unfortunately, renters cannot deduct rent payments from your federal return. ... Check to see if you pay property taxes as part of your lease agreement. If you do, you can deduct that portion of your rent or any property tax you pay directly.
2023-05-07 23:43:38
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Emily Harris
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If you rent an apartment or house, you may be looking for a rental tax deduction. Unfortunately, renters cannot deduct rent payments from your federal return. ... Check to see if you pay property taxes as part of your lease agreement. If you do, you can deduct that portion of your rent or any property tax you pay directly.