🤯 The WORST mistake renters make! 💰 Renting vs buying a home!
#rentvsbuy #rentalproperty
Renting a home is often seen as less expensive than buying a home, especially with high interest rates. But what most renters don't realize and overlook is that there is a tax program where you can actually take home more money in your pay check every month. On a $400k home you'd take home about $402 more a month.

Also part of your monthly payment is going toward principal, which is basically a forced savings account. You put money in it every month, but it's your money that you get back when you sell the home.

If you deduct these benefits from your mortgage payment you will see that often owning a home is a much better idea vs renting a home.

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