By Coco Clayman-Cook
Home ownership has plenty of advantages, but one of the easiest to recognize is the tax advantages. It is widely known that a great time to purchase property is when the cost of ownership is similar to or less than the cost to rent. If the cost to rent is even close to buying the owner will generally find that after taxes are taken into consideration it is actually cheaper to own than to rent.
Imagine being able to build equity, having the freedom of home ownership and all for less money than to rent. Why wouldn't you choose to own?
The truth is that right now the cost to buy is quickly approaching the cost to rent. Pair that with the new tax credit in the economic stimulus package and you have a win-win situation.
Don't miss out on this exciting opportunity. Buy now and reap the benefits. For information on how home ownership can affect your taxes call my office, I love showing renters how truly transformational owning a home can be.
Comments(0)