BUY.
- Possibility of revaluation / capital gains.
- Possibility of living there for an unlimited time.
- Possibility of generating a monthly income through rent.
- Possibility of paying for the property through rent.
- Freedom from changes in ownership.
- Sense of belonging, stability and community.
- Possibility of deducting condominium expenses and property tax on the annual income tax return.
- Possibility of deducting mortgage loan interest from taxes.
- Generates a higher return than in the bank.
- Responsible for repairs and improvements.
- Responsible for condominium expenses and property taxes.
RENT
- Flexibility, possibility of moving frequently.
- Not responsible for major repairs.
- It allows you to have the experience of living in an urbanization without ties.
- Not responsible for condominium expenses and property tax.
- Does not have tax benefits
- Impossibility of deducting income from taxes.
- Impossibility of doing. modifications to the property without authorization from the owner.
- Possibility of annual increase in rent.
- It is up to the owner to renew for another period.
- Money spent without building assets.
