Which is an advantage of purchasing and owning a home?
a. Homeowners have less control and choice in their lodging than other housing options.
b. Owning a home provides a partial tax shelter for housing related expenses.
c. An individual assumes all responsibility for maintenance and repair of owned property.
d. Property taxes are an opportunity to grow equity.
1 answer
b. Owning a home provides a partial tax shelter for housing related expenses.