can you claim costs of renter vandalism on taxes
If you pay property taxes as part of your lease agreement, these taxes are deductible on your federal tax. You can also deduct the cost of damage of your property because of fire, theft or other accidents.Some states also offer renters credits or deductions.ost renters are disappointed that they can't deduct their rent payments from federal income tax. However, if your lease requires you to make property tax payments, you can deduct that portion of your rent or any property tax you pay directly.