U.S. Cities  

Go Back   City-Data Forum > U.S. Forums > Massachusetts
Reload this Page State Taxes - Returns on your rental cost? (Boston: income, living in)
Register Blogs Search Today's Posts Mark Forums Read

Welcome to City-Data.com forum! Make sure to register - it's free and very quick! You have to register before you can post and participate in our discussions with 700,000 other registered members. User profiles and some forums can only be seen by registered members. After you create your free account you will be able to customize many options, you will have the full access to over 15,000 posts/day about local topics and you will see fewer ads.

Get a detailed profile
 Search Forums  (Advanced)
 Business Search - 14 Million verified businesses
Search for:  near: 
Reply


 
Old 03-16-2009, 09:01 PM
Junior Member
  
Join Date: Dec 2008
6 posts, read 3,902 times
Reputation: 12
laura2471 is on a distinguished road
Question State Taxes - Returns on your rental cost?
Hello,

So we made the big move to the East Coast and are now going to be living in the West suburbs of Boston.

I just heard that the state of Massachusetts gives a big percentage back to people who rent properties up to a certain amount.
Does anyone know what percentage that is and what the maximum amount is as well?

Thank you so much for your help.

Peace & Blessings,
Laura
Reply With Quote Quick reply to this message

 
Old 03-16-2009, 10:41 PM
Senior Member
  
Join Date: Mar 2007
961 posts, read 1,072,922 times
Reputation: 166
scarletfire has a spectacular aura aboutscarletfire has a spectacular aura aboutscarletfire has a spectacular aura aboutscarletfire has a spectacular aura about
I believe it's 50% of rental but only up to $3,000
Rent Paid
Reply With Quote Quick reply to this message
 
Old 03-17-2009, 07:55 AM
Senior Member
  
Join Date: Feb 2008
Location: Cambridge, MA
1,069 posts, read 830,372 times
Reputation: 480
goyguy is a glorious beacon of lightgoyguy is a glorious beacon of lightgoyguy is a glorious beacon of lightgoyguy is a glorious beacon of lightgoyguy is a glorious beacon of lightgoyguy is a glorious beacon of lightgoyguy is a glorious beacon of lightgoyguy is a glorious beacon of lightgoyguy is a glorious beacon of lightgoyguy is a glorious beacon of light
You can also take a deduction for using a transit pass - I do and I did!
Reply With Quote Quick reply to this message
 
Old 03-31-2009, 05:40 AM
Junior Member
  
Join Date: Dec 2008
6 posts, read 3,902 times
Reputation: 12
laura2471 is on a distinguished road
Thank you for the information.

I actually went to H&R Block this past Saturday and they told me rent deducted from your taxes is 50% up to $6000

Peace & Blessings,
Laura
Last edited by CaseyB; 03-31-2009 at 06:09 AM.. Reason: custom signatures are a violation of the terms of service
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Reply


Quick Reply
Message:

« State Park Having Cabin Rentals | Horrible murders in Milton MA!! »
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes
Linear Mode Linear Mode

Similar Threads


Go Back   City-Data Forum > U.S. Forums > Massachusetts

All times are GMT -6. The time now is 04:28 AM.

Copyright © 2005-2009, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13 - Top