Is your rent a tax? Here’s what to do

Rent relief is an option for tenants in some states, and it’s the opposite of a tax.

Here’s how to find out.

The law lets landlords deduct up to half of the cost of rent, including utilities, to cover rent arrears.

But it also allows landlords to deduct up-front maintenance costs and extra rent. 

But a new report from RentAssociation.org, a non-profit housing advocacy group, has found that landlords aren’t getting their money back when they do get the money. 

It found that rental income tax rates were higher in California, New York, Massachusetts, Connecticut and Vermont than in most states, with the highest rates in New York at 23.2 percent.

But the states with the lowest tax rates are New Jersey (8.5 percent), New York (6.9 percent), Connecticut (5.8 percent) and Rhode Island (5 percent). 

According to the report, the federal government’s rental subsidy program pays an average of $9,664 in rent tax relief for a family of four in California and $4,764 in New Jersey.

The average rent for a two-bedroom rental in Connecticut is $2,937, according to the National Association of Realtors, and a three-bedroom is $3,079. 

The RentAssociatons report also found that renters in the six states that don’t levy rent tax are paying an average annual tax of $3.11 for every dollar of rent relief they receive.

That means a family paying $10,000 in rent will pay $5,000 more than if they paid the same amount of tax in other states. 

Rent relief is also more affordable in many states than rent taxes.

The report found that rents in California are $2.29 higher per year than rent tax refunds in other state. 

If you want to know if your rent is tax deductible, you can use the IRS Tax Calculator to find your state’s property tax rate and how much you could claim as rent relief.

Sources: RentAssoc.org , NPR.org

New data shows the rise in rents in georgeia

Rent in Georgia has increased by more than 10% in the past year.

According to data provided by the Georgia Department of Community Development and Neighborhood Development, rent in the state jumped from $847 per month in August 2018 to $879 per month this August.

The total rent increases in the metro area since August 2018 are $1,839.60 per month, or 2.2% for a metro area average of $1.937 per month.

Georgia has had some of the highest rents in the country for the past few years.

The average rent in Georgia increased by nearly 11% in 2016 and 2016 is $1 and $1a respectively.

The average rent increase in the Atlanta metro area was about 12.9%.

The average price of a two-bedroom apartment in Georgia was $2,828 in 2017, which is roughly 10% higher than in 2018.

The metro area’s average rent was $1.,539 in 2017.

Atlanta is the fourth largest metro area in the U.S. with a population of about 1.3 million.

In 2018, the metro had an average rent of $2.432 per month which is a decrease of $0.14 from last year.

In 2018, Atlanta had the most affordable housing market in the nation.

The city ranked No. 1 in affordability, with an average monthly rent of less than $1 a month.

The median rent for a two bedroom apartment in the city was $3,500 in 2018, according to data from Zillow.