QA Graphic

HOW DOES PURCHASING A HOME COMPARE WITH RENTING?

The two don't really compare at all. The one advantage of renting is being generally free of most maintenance responsibilities. But by renting, you lose the chance to build equity, take advantage of tax benefits, and protect yourself against rent increases. Also, you may not be free to decorate without permission and may be at the mercy of the landlord for housing. Owning a home has many benefits. When you make a mortgage payment, you are building equity. And that's an investment. Owning a home also qualifies you for tax breaks that assist you in dealing with your new financial responsibilities- like insurance, real estate taxes, and upkeep- which can be substantial. But given the freedom, stability, and security of owning your own home, they are worth it.

 

Comments

Add Comments

Name:
Comment:

 

About

Are you looking for new and innovative ways to improve your business? Look no further! In these blog series, we'll be sharing some interesting tips and tricks that can help take your business to the next level. From marketing strategies to productivity hacks, we've got you covered. So, let's dive in and explore some of the most effective ways to grow and succeed in the world of business.

Schedule

FridayMacintosh
SaturdayInternet Tools
SundayOpen Topic
Monday Media Monday
TuesdayQA
WednesdaySnagIt for QA
ThursdayPython