Is it Better to BUY or RENT in 2023? Home Ownership vs Being a Tenant
Some of the things to consider when buy a home are the monthly payment, security of owning plus the mortgage interest tax deduction. Advantages of being a renter are that the monthly payment is usually less as well as that you are not tied to staying in that house and can move around more easily as your life changes. Many renters will want to move to stay in a school district or to move closer to a new job.
Being a homeowner has many benefits including paying down the loan which builds wealth in real estate as well as tax deduction and taking advantage of home price appreciation.
Todd and Oana are real estate brokers in Las Vegas and have sold over 3,000 houses. Please reach out if you need to find a real estate agent anywhere in the US to help you buy or sell a home.
Todd Miller
todd@nvrs.com
702-218-2819
Oana Miller
oana@nvrs.com
702-285-4207