RENT OR BUY?
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.
To Rent or to Buy
Pros
Cons
Renting
Flexibility (can relocate easily)
No equity
Can invest money elsewhere (stock market)
Annual rent increase could outpace inflation
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
You don't find what you are looking for, NO PROBLEM. Click here for a FREE RENTAL LIST customized under your criteria.
Miami Beach Rent
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Miami Global Realty Inc.
Miami Beach
Rent
Address: 5001 COLLINS AV Miami Beach
Complex name:
THE CARRIAGE CLUB SOUTH C City: Miami Beach
Price: $1950.00
Property type: Residential Rental
Bedrooms: 1
Bathrooms: 1
Miami Beach Real Estate
Address: 6365 COLLINS AV,#4306 Miami Beach
Complex name:
AKOYA CONDO City: Miami Beach
Price: $3000.00
Property type: Residential Rental
Bedrooms: 1
Bathrooms: 2
Miami Beach Real Estate
Address: 6365 COLLINS AV,#3706 Miami Beach
Complex name:
AKOYA CONDO City: Miami Beach
Price: $3000.00
Property type: Residential Rental
Bedrooms: 1
Bathrooms: 2
Miami Beach Real Estate
Address: 2301 COLLINS AV,#643 Miami Beach
Complex name:
RONEY PALACE CONDO City: Miami Beach
Price: $1400.00
Property type: Residential Rental
Bathrooms: 1
Miami Beach Real Estate
Address: 6365 COLLINS AV,#1804 Miami Beach
Complex name:
AKOYA CONDO City: Miami Beach
Price: $2300.00
Property type: Residential Rental
Bedrooms: 1
Bathrooms: 1
Miami Beach Real Estate
Address: 2050 BAY DR Miami Beach
Complex name:
ISLE OF NORMANDY MIAMI VI City: Miami Beach
Price: $675.00
Property type: Residential Rental
Bathrooms: 1
Miami Beach Real Estate
Address: 7292 GARY AV,#7292 Miami Beach
Complex name:
PARK VIEW ISLAND City: Miami Beach
Price: $1600.00
Property type: Residential Rental
Bedrooms: 3
Bathrooms: 2
Miami Beach Real Estate
Address: 1342 DREXEL,#301 Miami Beach
Complex name:
1342 DREXEL CONDO City: Miami Beach
Price: $1280.00
Property type: Residential Rental
Bathrooms: 1
Miami Beach Real Estate
Address: 100 LINCOLN RD,#611AB Miami Beach
Complex name:
THE DECOPLAGE CONDO City: Miami Beach
Price: $2600.00
Property type: Residential Rental
Bedrooms: 2
Bathrooms: 2
Miami Beach Real Estate
Address: 5161 COLLINS AV,#1717 Miami Beach
Complex name:
SEACOAST 5151 CONDO City: Miami Beach
Price: $3600.00
Property type: Residential Rental
Bedrooms: 2
Bathrooms: 2
Miami Beach Real Estate
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Miami Real Estate
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