1539
hmm
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this post was submitted on 02 Mar 2026
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Political Memes
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It’s complete bullshit. What city can you rent an apartment for 15k/year even with roommates?
Depends on what you define as a city. A quick search of a random city (Saginaw, MI), I see some 2 bedrooms for 985 a month.
Of course people from LA might not call that a city, but, to people from towns of 800 people, it is huge at about 44k people.
I'm very lucky, I rent half a house for under $10k a year in a city. But I also manage the property.
Some states allow you to deduct a portion of your property taxes, including renters (a set % of your rent). On top of the standard deduction.
From State tax, but that's still not related to the federal deduction, where it only kicks in you itemize.
However while you may not be able to deduct your property taxes if you own a house with standard deduction, you do get to if you are a landlord regardless of standard deduction.