Put Your Rent Check to Work

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Put Your Rent Check to Work:-The only one who benefits from a rent check is the landlord. Renters never see that money again, while homeowners usually profit when they sell. In addition, renters can’t use any of their rent payment as a tax deduction, like homeowners can. If you or someone you know is renting, it’s time to put that rent check to better use! The mortgage-interest deduction is probably the best financial argument for buying rather than renting. Consider this example: If you can afford a mortgage payment of $1,000 (principal and interest only), you can buy a house …