Thursday, January 31, 2008

The Benefits of Home Ownership

Here are just some of the financial/tax advantages of home ownership:

  • Owning versus renting is an investment in your family’s future.
  • Seeing the break-even point on an adjustable rate mortgage.
  • Deduction of qualified interest & property taxes from the income on a first or second home.
  • Avoiding the payment of capital gains tax if selling your home (must have lived 2 out of the last 5 years in your home to qualify).
  • Investing in real estate is still one of the best proven growth investments.

For additional local real estate information, information about me and my services, to request home listings by E-Mail, to request a market analysis on your current home, or to tour the MLS Listings please visit my web sites at http://www.RichmondVAHomes4Sale.com or http://www.e-richmondhomes.com/.

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