Tenant Tax Equity Act of 1987

[AI summary unavailable — showing source text] Tenant Tax Equity Act of 1987 - Amends the Internal Revenue Code to permit an income tax deduction for real estate taxes imposed under State law on tenants renting residential real estate from a landlord, who is treated as an agent of the State or local government for purposes of collecting such tax. Extends such deduction to taxpayers who do not otherwise itemize income tax deductions.…