Should I Lease or Should I Buy?
April 27th, 2007 Categories: Buying, Keller Williams
If you’re planning on staying in the area a short while (less than two years) it may be better to lease than to buy your residence. There are tax implications to selling a primary residence if it is owned less than two years, not to mention the time used in acquiring and then selling your investment. It should be noted that for today’s homeowners it may be smarter to buy than to make rent payments. Everyones’ circumstance are different, consulting with your real estate agent and your tax advisor is best before making a decision either way.
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Good job with the blog- Im looking forward to watching for updates! -J
Comment by John — April 28, 2007 #
Very informative site - will recommend to friends! Northern Virginia Real Estate seems like a wonderful area for both renters and buyers
Comment by Mshepherd — May 11, 2007 #