Apartments Roanoke VA Blog


Get e-mail notifications of new blog posts! Enter email address below.

Delivered by FeedBurner


Renter's Tax Deductions

- Friday, February 15, 2013

It is time to start thinking about taxes. There are many benefits to living in an apartment in Roanoke, VA but you may not think that tax deductions are one of them. If you rent, you're probably better off taking the standard deduction. There are, however, a few deductions you may be able to claim even if you take the standard deduction.

As a renter, you often get more for your dollar spent. By renting at Honeywood, you can live in a beautiful community full of apartment amenities and you don’t have to spend money on home maintenance.

There are other potential tax deductions you shouldn't overlook:

  • Interest on your student loans.
  • Hybrid car deduction.
  • Classroom expense deduction. If you worked as a teacher last year and used your own money to buy classroom supplies, you can deduct some of that on your tax return.

Keep in mind too, that if you use your apartment home as a home-based business, you are entitled to deduct expenses for the business use of your apartment. These expenses include your monthly rent, renters insurance, and utilities. A home office deduction is available to you as a renter.  

Recent Posts


apartments need downtown Roanoke veterans day improve credit new books chili cookoff in Roanoke, VA Apartment Living Honeywood Apartment reviews in Roanoke, VA creating healthy habits cookies for kids cancer relay for life college in Virginia science fiction convention home maintenance and repairs holiday preparations setting your thermostat two bedroom apartment in Roanoke, VA Thanksgiving take-out favorite non-fiction books Roanoke races Best of Southwest Roanoke County 2013 Honeywood Apartment Homes in Roanoke VA St. Patrick's Day rental community, Roanoke VA pet friendly apartments in Roanoke, VA Roanoke Home and Garden Show Roanoke wedding venues cost of living in Roanoke Roanoke apartments reviews Sidewalk Art Show holiday cards rent free living, Roanoke, Va fall festivals, Roanoke tailgating foods green apartment living Roanoke Craft Beer Tour why rent adopt a pet Halifax independence celebration 4th of July, Roanoke Roanoke beer tax free weekend Roanoke Greek festival Fall Festival Honeywood Apartment Homes - VA Thanksgiving valentines day date ideas relocating to Roanoke, Va decorating tips chocolate sunday festival how to improve credit score radical runabout renting hot weather and your AC renting is better sidewalk sale renting in Roanoke, VA K29 reality show, Roanoke, Va Greek Festival healthy habits Roanoke Fiversity Film Festival Apartments sidewalk sale, Roanoke, VA pumpkin recipes vote for the best of Roanoke, VA dating, roanoke Rent vs. Buy adopt a dog how to tie a toga gaming events, Roanoke green apartment living tips Amazing Race Father's day recipe 4th of July Friday the 13th in Roanoke, VA Toy drive pumpkin chocolate chip cookie recipe looking for apartments in Roanoke, VA apartment reviews tax deductions for renting how to conserve water apartment amenities Pink Parade, Roanoke apartments in Raonoke, VA Raonoke food tours rent or own St. Patrick's Day Parade Virginia wineries two bedroom apartments, Roanoke VA Bluegrass festival The Cellar Door gas prices, VA super bowl recipes renting vs owning decorating ideas holiday cards for charity veterans day parade dinner recipes wedding crawl apartment reviews, Roanoke, VA Roanoke College tax free weekend, VA benefits of walking St. Patrick's Day parade, Roanoke, VA new years resolution reviews for apartments in Roanoke, VA apartments reviews, Roanoke, VA MystiCon holiday events in Roanoke, VA tax deductions for renters renter's insurance, Roanoke Roanoke Restaurant Week Downtown Roanoke Restaurant Week New Years eve music expired prescription Grandin theatre Roanoke, VA Roanoke Tree Lighting cost of living Roanoke's 100 Miler hurricane safety Oktoberfest Roanoke apartments reviews in Roanoke, VA shopo women renting, Roanoke, VA Virginia's Veterans Parade HHHunt Shamrock Festival rent or buy get rid of holiday stress do you need renter's insurance, Roanoke easy dinner recipes #HowYouLive book lists Roanoke Apartments cost of home maintenance increase gas mileage, VA strawberry festival in Roanoke, VA HHHunt Apartment Homes things to do in Roanoke top cities to retire Memorial Day recipe Deciding whether to buy or rent VA Bluegrass, andtiques and crafts festival how to burn calories Virginia renter's tax deductions pumpkin chili recipe Roanoke Zombie 5k Honeywood apartments reviews breast cancer events Roanoke, VA furnished apartments, Roanoke VA cities for retirement urban camping reasons to rent hot crossed buns recipe Memorial Day Roanoke Mountain Funfest Best of Roanoke Apartments in Roanoke, VA Mountain Magic In Fall, Bluegrass, Antiques and Crafts Festival how to find the right apartment budget-friendly date night ideas do I need renter's insurance, Roanoke Music & Dance Festival top places to retire buy or rent tornado safety how to keep new years resolutions Greek Festival, Roanoke Festival 2013 Mountain Music & Dance Festival how college grads can get a job FloyFest Roanoke, VA date night ideas improve credit score new years resolutions orchards in Roanoke apartment community, VA apartment decorating tips cat adoption month Bluegrass, Antiques and Crafts Festival Dickens of a Christmas reviews of apartments in Roanoke, VA St. Patrick's Day roanoke valentines day gifts flu shots, Roanoke, VA Roanoke music festivals college in VA Veterans Parade, Roanoke Agricultural Fair holiday shopping events affordable cities for retirement St. Patrick's Day, Roanoke, VA how to hang pictures apartment communities, Roanoke Roanoke labor day renting vs buying labor day weekend apartment community, Roanoke VA pet health haunted houses in Roanoke, VA chinese new year, Roanoke Honeywood Apartment Homes hurricane meet friends in an apartment finding pet friendly apartments Roanoke, VA radical roanoke using your AC fireworks in Roanoke, VA Roanoke holiday laser light show live music in Roanoke valentines day gift ideas apartment decorating ideas Relay for Life, Roanoke, VA teacher gift ideas college dinner recipes festivals in Roanoke, VA Roanoke, Virginia apartment community, Roanoke fried chicken recipe tailgating recipes cinco de mayo in Roanoke, VA apartment decorating Virginia wines apartment in Roanoke, VA Franklin County Agricultural Fair scary movies Raonoke, VA renting after retirement rent or buy after college, Roanoke, VA corporate apartments, Roanoke VA Power Tool Drag Racing apple recipes Earth Day pumpkin soup support Roanoke college pop culture events Craft Beer Tour Earth Day Roanoke how to get a job Zombie Run Thanksgiving meals fall activities, Roanoke, VA Avenel Plantation, Roanoke, VA events in Roanoke, VA Roanoke schools Best of Southwest Roanoke County labor day events in Roanoke holiday entertaining tips Roanoke checkpoints easy way to burn calories Roanoke festivals St. Patrick's Day, Roanoke super bowl party excuses to call in sick Roanoke cost of living gift ideas where to rent textbooks expired medication entertaining ideas St. Patrick's Day Parade & Shamrock Festival one bedroom apartment in Roanoke, VA renting in Roanoke literacy, Roanoke, VA cost of home maintenance and repairs Roanoke holiday cards Roanoke SPCA The Rockbridge Mountain Music & Dance Festival labor day festival beer, Roanoke, VA gas mileage, VA Father's day grilled filet veterans parade fourth of July, Roanoke, VA burn calories one bedroom apartments, Roanoke VA farmers markets cheap textbooks wine tasting how to meet friends pet friendly apartments Roanoke, VA ways to relax credit score grilled filet recipe