- Quality of life.
- Pride of home ownership.
- Mortgage interest is tax deductible.
- Property taxes are tax deductible.
- Appreciation potential.
- Deferred gain and capital gain treatment.
- Once in a lifetime exclusion.
- Principal accumulation.
- Leverage: Where else can you buy an investment of this size with as little as 3% down.
- The real cost of renting: At $700 per month, with a 3% rental increase per year, you will pay $96,297 over a 10-year period and have no ownership of the property.
Monday, May 21, 2012
10 Good Reasons to Buy a Home
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