THINGS BEING EQUAL it's almost always better to own your home rather than to rent. After all, you build equity and get to write off your mortgage interest. And if you play your cards right, when you sell you'll be eligible for one of the best tax breaks around. But that doesn't mean that everyone should be a homeowner. If your move is short-term or if interest rates are high and property values deteriorating, it may be worthwhile to deal with a landlord for a while. Our worksheet will help you determine which path is best.
No upkeep fees (drippy faucets, broken dishwashers, etc.)
Buying
Tax-break: deduct mortgage interest and property taxes
Property tax and upkeep
Potential tax-free capital gain
Mortgage costs
Emotional satisfaction
Less flexibility should you want to move; in very bad housing markets, you could lose principal
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About Aventura
Aventura real estate - is for those who are looking for a luxury accommodations in warmest part of sunny Florida. Aventura is conveniently located half way between Fort Lauderdale and Miami airports as well as a large metropolis of Miami and offers a pristine, bayfront, magnificent water views and nearby sandy beaches.
