Top 5 Financial Reasons Why You Should Buy A Lakeland Fl Home For Sale
By Petra Norris, Realtor, Lakeland FL Homes for Sale
(Lakeland Real Estate Group, Inc.)
Top 5 Financial Reasons Why You Should Buy A Lakeland Fl Home For Sale Here are the top 5 financial reasons to buy a Lakeland Fl home for sale, according to the Harvard University’s Joint Center of Housing Studies: 1. You pay mortgage whether you rent or own a home. Homeowners pay a monthly mortgage that goes towards their own principal while renter pay rent which goes to their landlord’s principal. 2. Homeowners save on tax benefits. When you buy a Lakeland Fl home for sale, you can deduct the mortgage interest and property taxes from your income, making your tax smaller. Aside from this, when you decide to put up your Lakeland Fl home for sale, capital gains up to $250,000 are not included in your income for single homeowners and up to $500,000 for married homeowners. 3. Homeownersh...
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