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Share something with your neighbors. What's on your mind? What's on your mind? Make an announcement, speak your mind, or sell something
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cookiepro2 April 23, 2014 at 12:05 am
There is the enjoyment factor of the home ownership lifestyle. No noisy neighbors upstairs orRead More downstairs. True, maintenance costs add up, but at least you don't have to wait on a landlord to fix. Tax breaks are numerous...you can deduct your property tax and mortgage interest and get tax credits for certain residential energy improvements. And when you sell your principal residence, no capital gains tax like there is on stock, that's a nice bundle to take with you upon retirement if your property has appreciated. NYC and certain parts of Calif though are certainly unaffordable compared to other parts of the country, I'd probably rather rent.