The DU Lounge

captain queeg

(11,780 posts)

25. I'll add one more advantage of renting that I've been thinking about lately

Reply to XanaDUer2 (Original post)

Thu Apr 25, 2024, 11:30 AM

Apr 2024

If the nazi takeover of America is complete, it’ll be much easier to move to another country.

Click here to purchase valentine hearts!

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

44 replies

= new reply since forum marked as read

Highlight:

Anyone else only rent? [View all] XanaDUer2 Apr 2024 OP

I don't think there is a right or wrong. jimfields33 Apr 2024 #1

My cousin lists XanaDUer2 Apr 2024 #2

How about 25K for a roof and 8.5 grand for HVAC. jimfields33 Apr 2024 #3

Gulp XanaDUer2 Apr 2024 #4

I know. Enjoy renting and you are NOT a loser! jimfields33 Apr 2024 #5

Fans and wet towels in summer; tiny electric space heater when needed. quaint Apr 2024 #34

You get tons of tax write-offs for those expenses though which means a big refund check yearly... brush Apr 2024 #7

That is untrue. I didn't get a tax write off for roof or HVAC jimfields33 Apr 2024 #8

You've got to get a new accountant. Such expenses are write-off-able. brush Apr 2024 #11

Thanks. I definitely will look into this. jimfields33 Apr 2024 #24

Write-offs on your personal house TexasBushwhacker Apr 2024 #38

You don't get a tax write off unless it's investment property. we can do it Apr 2024 #15

Who told you that? Your home is an investment and your... brush Apr 2024 #21

The interest on your mortgage is deductible TexasBushwhacker Apr 2024 #39

In other words, you get quite a few deductions from ownership, that you don't get from renting. brush Apr 2024 #42

Owning a home is certainly worth it TexasBushwhacker Apr 2024 #43

Paid my mortgage off before I turned 60. MichMan Apr 2024 #6

Same here. we can do it Apr 2024 #16

Same here DBoon Apr 2024 #33

I sold my last house about 8 years ago. Just when prices were beginning to skyrocket captain queeg Apr 2024 #9

Thank you XanaDUer2 Apr 2024 #10

Yep it's always something. The only advantage is the mortgage stays the same. captain queeg Apr 2024 #18

for me it's not so much the money, it's finding good help. mopinko Apr 2024 #41

I have rented most of my life, paid mortgages on property but personally received no equity sanatanadharma Apr 2024 #12

Hopefully, we can find a cheap condo XanaDUer2 Apr 2024 #14

Well, good luck on finding that cheap condo. The monthly condo fee could eat up any savings you might score. SWBTATTReg Apr 2024 #31

I had a Chinese girlfriend that used to talk about "house slaves". captain queeg Apr 2024 #23

A house ties you down if bad neighbors move in, you want a cbabe Apr 2024 #13

Honestly I have lived in the same place for 30 years and rented Walleye Apr 2024 #17

Thank you XanaDUer2 Apr 2024 #19

I'm pretty sure I couldn't take care of the house by myself. And every time I thought I might, somebody said $7000 roof Walleye Apr 2024 #35

There's not a "one size fits all" for each individual. Niagara Apr 2024 #20

Homeownership enid602 Apr 2024 #22

I'll add one more advantage of renting that I've been thinking about lately captain queeg Apr 2024 #25

I'm thinking about dual citizenship nt XanaDUer2 Apr 2024 #26

My house has been an albatross for many years now, JenniferJuniper Apr 2024 #27

Yes XanaDUer2 Apr 2024 #28

I rent. I'm 63 and have artificial knees, hips and shoulders. By the time I was 35 I really didn't want to deal with brewens Apr 2024 #29

Neither of us can do yardwork XanaDUer2 Apr 2024 #30

Made money from houses bought and lived in Chalco Apr 2024 #32

XanaDUer2............. Upthevibe Apr 2024 #36

This is me XanaDUer2 Apr 2024 #37

XanaDUer2 ......... Upthevibe Apr 2024 #44

I have a house but Elessar Zappa Apr 2024 #40