July 2015

There are 1 blog entries for July 2015.

If you rent, you know that rents have been rising to inordinately high levels. Therefore, if you are paying high rent, you owe it to yourself to compare the costs of owning with the costs of renting. In many areas, it’s now less expensive to own a home than to rent an apartment. The major financial benefits of owning a home come with taking tax deductions for mortgage interest and property taxes. Some homeowners may also take tax deductions for home offices. In addition, each month’s mortgage payment increases your equity in your home while a rent check only increases your landlord’s equity. Lastly, the longer you stay in your home, the more you stand to benefit from appreciation.

This may be the ideal time for you to consider purchasing property. Take

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