3 years ago

Is a home an asset or liability

Mathematics

2 answers:

nexus9112 [7]3 years ago

7 0

Asset is what I think it is

-Dominant- [34]3 years ago

5 0

Liability because if you have a house, paid for or not, that you live in, then it cant be an asset. Instead of putting money in your pocket, it takes money out of your pocket which is a simple definition of a liability.

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