Homework Help: FP/101

Posted by vanessa on Sunday, November 21, 2010 at 10:02pm.

Which of the following is considered an advantage of home ownership?

A. You are responsible for all repairs and maintenance.
B. Interest paid on the mortgage of your home is tax deductible.
C. Mortgage payments are always lower than rent payments.
D. Profits on real estate are guaranteed.

FP/101 - Ms. Sue, Sunday, November 21, 2010 at 10:12pm
A. Certainly not an advantage
B. For now this is true
C. Definitely not
D. As we've seen in the last few years -- this is not true.

P.S. After 40 years of owning a home, I love being in a rented apartment!
FP/101 - Writeacher, Sunday, November 21, 2010 at 10:12pm
Which one do you think? Only one is both true and positive.
FP/101 - sue, Sunday, December 26, 2010 at 9:36am
B

Answer this Question

Related Questions

COM 156 - I"m writing a essay for class and this is the rough draft can you...
finance - Kohers Inc is considering a leasing arrangement to finance some ...
Finance - Kohers Inc is considering a leasing arrangement to finance some ...
accounting - Kiddy Toy Corporation needs to acquire the use of a machine to be ...
math - Define variables and write a system of equations for each situation. ...
tax - Can someone please check my answer for the following problem. The Smiths ...
Finance - Rancher Rick purchased an additional 80 acres of hay ground to produce...
math - Big Sky Mining Company must install $1.5 million of new machinery in its ...
Finance - 3) Which of the following statements is true concerning home equity ...
Personal Finance - Which of the following statements is true concerning home ...

For Further Reading

First Name:
School Subject:
Answer: