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Interest is tax deductible, and if you have an investment property you can write off a lot of things. No tax benefits go to renters. That's one of many consid
by mancerayder 4y ago
Interest is tax deductible, and if you have an investment property you can write off a lot of things.
No tax benefits go to renters. That's one of many considerations here other than raw liabilities.
- ska 4y agoThis all depends on jurisdiction of course. Agree a investment property is a whole other can of worms, but not really relevant on the "should I buy or rent, personally" decision. For that one, you need to compare to other investments, which is in many ways more straightforward.