using examples from the text, give some of the advantages and disadvantages of renting and owning a home.

Question

09-12-2022
Business

Answered

using examples from the text, give some of the advantages and disadvantages of renting and owning a home.

Answer :

Other Questions

What are some examples of information you might include in the current status of a career plan? check all that apply. Classes you have takenjob or volunteer exp

What events occurred between 1850 and 1900 and 1900 and 1950 that influenced the size of the national debt?.

If bonds from deegan pharmaceuticals are selling at 104. 682, which broker will give diana the better deal, and by how much?.

You are putting together your budget. Your take-home pay will be $3,000 per month. You estimate your monthly costs to be rent of $600, car insurance of $150, ca

Tim's phone service charges $24. 76 plus an additional $0. 25 for each text message sent per month. If tim's phone bill was $31. 01, which equation could be use

Alphonse is attending college next year. he received this offer from a university. his parents told him they would pay for his room and board if he lives at hom

How does the u. S. Economy benefit from either transaction (the foreign purchase of u. S. Goods and services [exports] or the purchase of u. S. Assets)?.

Upon graduating from high school in 2021, you were granted a $6,000 college scholarship for academic year 2021-2022. As a full-time student and degree candidate

Mr. And mrs. Khan paid interest on their mortgage this year. They also had deductible home-related expenses. The interest and expenses total an amount greater t

Allie and sarah decided that they want to purchase renters insurance for the apartment they share. they made a list of all of the items to be covered by the ins

varshamittal029 varshamittal029 · Answer 1 · 2022-12-17T06:12:23-05:00

The benefits of renting a property include lower housing prices, a shorter commitment, and no/minimal upkeep and repair fees. The disadvantages of renting a property include that there are no tax breaks, no set housing bills, and no opportunity to accumulate equity.

Many house purchasers are motivated by the need for stability and individualized living. Financial unpredictability is a disadvantage. Obtaining funds for a down payment and obtaining mortgage financing may pose challenges. After then, one must be responsible for the upkeep and expenditures of repainting, repairs, and house renovations.
When you purchase a home, you will be responsible for all repairs and maintenance. Property taxes: As a homeowner, you will be liable for any property taxes levied by your city or county. The amount you will pay each month is determined on the tax rate in your area.

Thus these are the advantages and disadvantages of renting a home.

Refer here to learn more about renting: https://brainly.com/question/28471707

#SPJ4