Here are 6 excellent reasons to by a home instead of renting one:
Tax deductibility of the mortgage interest. You cannot deduct your rent payments BUT you CAN deduct the interest on your mortgage!
Tax deductibility of property taxes. Many home owners fail to deduct their property taxes paid on their home when filing their taxes.
Appreciation potential. In a healthy market, home and land prices generally increase faster than the cost of living. Rent payment money goes to the landlord. That's it.
No taxable capital gains for single home owners up to $250,000. and for married couples, $500,000.
Your money is working for you in a home investment. Interest rates are low and home loan payments are affordable. Paying rent makes a landlord wealthy.
Pride of OWNERSHIP! Homes that are owned look nicer and are kept in better condition.
A real estate agent will find you a house to rent, but a great REALTOR® will know your needs, understand your financial situation and will identify and communicate ALL options that will work with your best interests in mind.
Craig Dellio - REALTOR® Rogers Healy and Associates
Besides a few brief stints in Denver, Colorado, Kendal Cook has spent her life in the Lone Star State and loves it. Born in Houston, Kendal then attended The University of Texas in Austin, before finally landing home in Dallas. Working at the Dallas Business Journal and then moving on to work for home builders, helped hone her love for real estate.
“It’s not a job to me, it’s a career and a passion that I love. Helping people find the right home and seeing them so happy, starting the next phase of their life is what brings me happiness!”
Kendal has been in East Dallas for over 12 years now and lives in Lakewood with her 8 year old son who attends a local private school. She is very active in her son’s school and activities.
“Being a mom is the most important thing in my life. Working with a smaller, family focused company like Rogers Healy and Associates, allows me to combine my two loves. Being a full time mom and a full time realtor while helping people change their lives! It is a true joy to wake up everyday and know that I get to help people and still have time for my son’s soccer games.”
Whether you are looking to buy sell or lease in the Dallas/Ft Worth area, Kendal Cook is excited to work for you!