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Don’t Throw Your Money Away, Invest in Your Future!:Why you should buy a home, instead of renting one.

September 19, 2012


Buying a home is an investment. When you rent, you write your monthly check and never see that money again. But when you own your home, you can deduct the cost of your mortgage loan interest from your federal income taxes, and usually from your state taxes. In addition, you can also deduct the property taxes you pay as a homeowner. The value of your home may go up over the years as you improve living spaces and modernize home appliances. Finally, you’ll enjoy having something that’s all yours complete with your own personal style and conveniences. If that’s not convincing enough, take a look at these other reasons to buy instead of rent.

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