Viewing a single comment thread. View all comments

ApprehensiveScheme82 t1_j2evjfv wrote

Just remember, by owning property and paying taxes on it, you get to deduct them from your federal tax every year, your neighbor doesn't. You move and sell your house, you get to keep all that beautiful equity, your neighbor doesn't. You always come out ahead by owning property

4

Few-Afternoon-6276 t1_j2ez7b4 wrote

It’s an offset against salary- if you have enough deductions. And since the new tax laws in 2016, it’s not the way it once was

3