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Even after tax reform, homeownership still beats renting

By
Real Estate Agent with Charles Stallions Real Estate Services Inc

Real Estate News in Pensacola, Gulf Breeze or Pace Florida. Buying a home made easy and it all starts with getting pre aproved for a  mortgage and we make that easy as well. Call or Text Charles Now and let’s start shopping.

 

Even after tax reform, homeownership still beats renting

Congress curtailed tax incentives to purchase a home, and mortgage rates and home prices are up – but most buyers have more disposable income, and a higher tax deduction will compensate them for losing their IRS interest and property-tax deductions. Read more.

 

 

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Sharon & Bruce Walter
Keller Williams Realty Lafayette, IN - Lafayette, IN
West Lafayette homes for sale

Loss of property tax deductions over 10K is a non-starter in our area and most homeowners who buy a median priced home will never even get close to using up their deduction when itemizing and they take the standard deduction.

Jun 27, 2018 02:07 PM