Renting Vs Owning

Renting Vs Owning

The benefits of owning your home outweighs the advantages of renting.  

The benefits of Owning vs The benefits of Renting  

Tax Savings 

- Owning: Mortgage loan interest and property taxes can be deducted from your federal tax returns. 

- Renting: Mortgage loan interest and taxes are deducted on your landlord's tax returns. You are paying their mortgage with your rent. 


- Owning: Principal and interest will not change during the loan terms. 

- Renting: Rent payments almost increase with lease renewal. 

Build Equity 

- Owning: As you pay your mortgage your equity is building and growing your long term home investment. 

- Renting: You are building your landlord's equity and increasing their investment with your rent. 

Contact me today to learn more about the benefits of OWNING! 

Dawn Borkowski Headshot
Phone: 864-313-4608
Dated: February 7th 2018
Views: 286
About Dawn: ...

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