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3 years ago

Identify the advantages of renting versus buying a home.

2 answers:

7 0

<h3><em>Drag each label to the correct location on the image.</em></h3><h3><em></em></h3><h3><em></em></h3><h2><u><em>Identify the advantages of renting versus buying a home.</em></u></h2><h2><em></em></h2><h2><em></em></h2><h2><em>advantages of renting </em></h2>

<u>lower repair costs</u>
<u> lower insurance costs</u>

<h2 /><h2 /><h2 /><h2 /><h2><em>advantages of renting versus buying a home.</em></h2>

<u><em>tax benefits</em></u>
<em> </em><u><em>fixed mortgage payments</em></u>

NARA [144]3 years ago

6 0

While it may seem like buying a house will be a great real-investment, nothing can be further from the truth.

When you rent a house, you only have to pay the Rental, and possibly an insurance cost and obviously utility bills.

However, if you buy a house, your single biggest monthly expense would be the Mortgage. You will also have to pay a property tax, huge repair and maintenance costs and insurance costs to cover the property.

Mortgage payments can take up to 20-30 years to pay off and if you combine the costs of tax, repairs and insurance, you really don't end up with a very expensive asset.

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Answer:

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3 years ago

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3 years ago

At January 1, 2017, Benny Enterprises reported a balance in the Equipment account of $45,000. During the year the company purcha

zhannawk [14.2K]

Answer:

$4,000

Explanation:

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With regards to the above scenario, there is a loss of $4,000 on the sale of equipment whilst same was recorded under the operating activity section as positive.

It is to be noted that the sale and equipment of an equipment falls under investing activity section hence shod be recorded therein as such, reason it was not considered here.

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Answer:

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