Asked by is
Which is a disadvantage of purchasing and owning a home?
A. Homeowners have additional tax shelters available to them
B. Homeowners pay additional property taxes
C. Owning a home requires less responsibility for maintenance than renting
D. Owning a home is a short term financial commitment
All Answers 1
Answered by
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B. Homeowners pay additional property taxes.
Explanation: Property taxes are an ongoing cost that homeowners must pay (in addition to mortgage payments, insurance, maintenance, etc.), making them a disadvantage compared with renting.
Explanation: Property taxes are an ongoing cost that homeowners must pay (in addition to mortgage payments, insurance, maintenance, etc.), making them a disadvantage compared with renting.
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