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1. Quality of Life 2. Tax Deductibility of Mortgage Interest 3. Tax Deductibility of Property Taxes 4. Appreciation Potential 5. Deferred Gain and Capital Gain Treatment 6. Once in a Lifetime Exclusion 7. Principal Accumulation 8. Pride in Your Home 9. No Landlord 10. Leverage (where else can you buy this size of an investment with 5-10% down) 11. The Real Cost of Renting (At $700 per month, with a 6% rental increase per year, you will pay $110,719 over a 10 year period.) |