Can You Claim Rent on Taxes?

Chris at Hauseit® (https://www.hauseit.com) goes over whether you can claim rent on taxes. Can you claim the rent you pay on your personal residence against your income taxes?

Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014.
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We'll explain why you generally can't claim the rent you pay to your landlord against your personal income taxes, and what exceptions there might be.

We also go into why tax benefits are generally better for home owners vs renters (i.e. mortgage tax deduction), and even better for real estate investors!

We explore this mystery and explain further in the following video.
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Hauseit Group LLC, Licensed Real Estate Broker
Tel: +1 (888) 494-8258
Email: [email protected]
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