| Author | Message | ||
     Okahyderabadi Side Hero Username: Okahyderabadi Post Number: 3368 Registered: 12-2009 Posted From: 108.66.241.90 Rating: N/A |
You dont save anything directly but it gives you somethings that an apt does not give you. You get to live in a bigger place for the same rent you pay for an apartment, your equity improves, you and your family can enjoy privacy that sometimes is missing in apartments. flip side you will have to spend time and resources to upkeep the home and ofcourse furnish all the rooms(which is optional). Home ownership depends on many factors - location of house is a major thing to consider - your house cost of course is also a major thing dependent on the above - market conditions , how quickly they appraise or go down - what is your mortgage commitment If you buy a house in a state where market is not too volatile, i.e it does not swing like a roller coaster then you can arrive at a good strategy. If you buy in places like FL or CA or NY or NJ or NV or CI or MA or other places where the market fluctuates a lot then it becomes purely an investment rather than a saving purpose and you have to deal with losses associated with it. Normal scale is mortgage = your principal + tax tax you get to deduct your property tax + interest on Mortgage from your taxes, which normally you cannot do with your Rent that you pay for rental homes. If you are lucky and market remains stable , a 4-5% appraisal of your home value will bring in some ready cash. So it is all about choices. In history there is no such thing as the last word on any subject research leads to new things every day | ||
| Rajusk Hero Username: Rajusk Post Number: 16522 Registered: 02-2008 Posted From: 24.185.0.224 Rating: N/A |
money shave avutundi | ||
| Ustad Side Hero Username: Ustad Post Number: 7062 Registered: 07-2008 Posted From: 65.161.188.11 Rating: N/A |
 Fan of Fab 5: Sachin, Rahul, Saurav, Laxman and Kumble. | ||
| Predator Junior Artist Username: Predator Post Number: 148 Registered: 12-2011 Posted From: 66.193.93.3 Rating: N/A |
Thanks for the advice. | ||
| Telugu_times Moderator Username: Telugu_times Post Number: 25614 Registered: 02-2008 Rating: N/A |
If you need a house...buy it tax kosam ayithey...Naya paisa migaladhu. chaarana kodiki, baarana masaala avuthadhi. | ||
| Time_pass Side Hero Username: Time_pass Post Number: 3428 Registered: 06-2008 Posted From: 24.92.200.152 Rating: N/A |
not much velu posi vandalu save chesukovatam avutadi so do not buy a house for tax purposes neeku ishtam iyyithe konu | ||
| Predator Junior Artist Username: Predator Post Number: 146 Registered: 12-2011 Posted From: 66.193.93.3 Rating: N/A |
House konte tax money save avutundi antaru nijamena?? Can anyone throw some light. |
