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.
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