Massachusetts Offers Tax Credit to Renters
It’s no secret homeowners get some pretty incredible tax breaks, but did you know Massachusetts is one of only a handful of states that offers renters a tax credit? Massachusetts made Rent.com’s list of States that Give Renters a Tax Credit, for making renters eligible for a deduction of 50% of the rent they paid during the year (up to $3,000 max). You can read the full article, along with a list of requirements to claim these credits, here: https://www.rent.com/blog/states-with-a-renters-tax-credit/
Rent.com is one of the most popular and trusted websites for people seeking real estate/rental information in cities across the U.S.