Thursday, October 30, 2008

Tax Benefits Make Homebuying Sound Decision

One of many benefits is being able to deduct property taxes from your federal income tax return. If you're a renter, you're paying someone else's property taxes and getting zero deductions. In effect, you're throwing two percent of your net income away. And that doesn't count the equity you're building for your landlord.

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1 comment:

albina N muro said...

One of many benefits is being able to deduct property taxes from your federal income tax return. If you're a renter, you're paying someone else's property taxes and getting zero deductions. commercialista contenzioso tributario