Renting? Why not Own? | Mason's Blog

Other considerations in buying a home include the tax-deductibility of mortgage interest, real estate taxes and even mortgage insurance – a benefit that Congress just renewed for 2011. No part of your rent payment is tax ... This increase is based on the value of the home – NOT your investment (down payment and costs) so the actual potential for return on your investment is much higher. Lets take our $200000 home example again. If you put 5% down $10000 and your closing ...

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