Home Ownership Pays! Rent VS. Buy Part II

Reblogger Fred Griffin, on leave of absence from ActiveRain
Real Estate Broker/Owner with Fred Griffin Real Estate Florida Broker BK436788
Original content by Wendi-Mae Davis B.R.E. License #1061646

Part 11

 

Home Ownership Pays!

 

No question about it, home ownership is a big investment, maybe the largest you’ll ever make. But over time, it’s an investment that pays for itself many times over.

Here’s how:

Tax advantages

Mortgage interest is tax deductible

Real estate taxes are tax deductible.

Local tax benefits are available in many areas.

You can enjoy tax-free profits up to $500,000 from the sale of a primary residence that you have occupied for two of the last five years, if you are married filing separately, you can enjoy tax-free profits up to $250,000.Investment Benefits

                           

You build equity over time, which you take in cash when you sell our home.

The profits from home investments are often greater than from many other investments.

Because you can borrow against it in most states, home equity can be a source of emergency funding.

Land appreciation adds to the value of your home.

For many, home owning is an important part of retirement planning.

 

Personal Satisfaction

You gain more living space.

You enjoy the satisfaction and pride of home ownership..

Home ownership is, for many people, a sign of independence and achievement.

Let a Certified residential Specialist, Let Wendi-Mae, help YOU reach your dream!  And save you some money, while doing so!!  916-616-0874  wendimae@wendimae.com  HTTP://www.wendimae.com 

 

 

 

 

Wendi-Mae Davis, CRS, GRI

Broker Associate/Real Estate Counselor

Future Homes & Real Estate

WendiMae.com 

916-616-0874

If you need a Miracle...Be a Miracle!

Exceeding Expectations, that is what I do.

Begin each day as though it were on purpose... 

 

 

 

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