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Tax Benefits as a Renter

nareshkum0380

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  • #1822
    nareshkum0380
    Participant

    Hi All,

    Naresh here. I am a first time renter and I was wondering if anyone knows if there are any tax benefits I should be aware of as a renter or anything I should be doing that will help during the next tax season. Look forward to your responses.

    The lease generator tool here was a great help to me! Thank you Leasefluent!

    #1848
    judyjohnson2389
    Participant

    My understanding is there are not too many tax benefits as a renter. One that I know from my accountant is since I am self employed and work out of the house I rent I can use that as a write off. I would ask an accountant for your specific situation if there are any benefits.

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