Renting an Apartment Vs Owning a Home

Renting an Apartment Owning a Home How to Choose Between Renting an Apartment and Owning a Home Compared to owning a home, living in an apartment rental is incredibly easy Less Responsibility Renting an Apartment Short-Term Housing Needs More Freedom No Debt No Financing Reasons for Moving into a New Rental Apartment You Get More for Your Money Financial Reason renting is almost always more affordable than owning a condo You can invest down payment and maintenance móney into other investments TAXX RELIEF HELP Short-Term Housing Needs That Tax Break is Not Guaranteed Renting allows you to move easily when you plan on rélocating. If you rent an apartment, however, you'll always receive some form of tax relief DEBT No Debt Maximum Flexibility when you purchase a home, you're more than likely going to take out a loan to finance if. This will put you in debt a few hundred thousand dollars and possibly delay future plans. Renting provides an enormoUS amount of flexibility. You can pack up and leave immediately at the end of your lease As you can see, there are many reasons why renting is better than purchasing. In determining whether owning a house or renting an apartment is right for you, it will be helpful to figure out your daily living expenses and create a budget. cond Sources: http://www.wikihow.com/Choose-Between-Renting-an-Apartment-and-Owning-a-Home http://apartment-finder-re view.toptenre views.com/s-reasons-you-should-rent-instead-of-buy.html http://www.communityhousingne twork.org/activek/content.asp?contentid=96 Credits: http://www.apartamentosmadrid.com/ Otor Remt