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llicity22
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If i move into a apartment for the first time is that considered buying a house

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3 Replies

If i move into a apartment for the first time is that considered buying a house

No.  Renting an apartment is not owning a home.

ThomasM125
Expert Alumni

If i move into a apartment for the first time is that considered buying a house

No, since you are renting you are not considered to be buying a house.

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If i move into a apartment for the first time is that considered buying a house

For some state returns you can enter the rent you paid for a renter credit.

 

RENT

There is not a rent deduction or credit on your Federal return.  If your state has anything for renters you will be prompted to enter your rent info when you complete your state return.  As far as I know, the states that have anything for rent are Arizona, California, Connecticut, Hawaii, Indiana, Iowa, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, New Jersey, New York, Rhode Island, Vermont, Washington DC, and Wisconsin.

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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