Who owns the fruit? |
My landlord takes the fruit from the trees in the yared of the house I rent.
Since I pay the rent and the water bills isn't the fruit mine?... |
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I need game that u can build your own houses and move in and u can make a persons and dress them up .? |
| i need game that u can build your own houses and move in and u can make a persons and dress them up .... |
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Am I responsible? Can she keep my deposit? |
| I recently moved out of a property and still haven't had my deposit back. The guy who replaced me has moved out after 3 weeks and never signed a contract or gave a deposit. I'm not even ... |
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Who is at fault tenant or Landlord? |
| Our pets got out of the fence, after we repeatedly asked the landlords to fix it, and caused damage to someone else's property. They evicted us and charged us an unauthorized pet deposit for ... |
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818 square feet??? |
im thinking of buying a 2 bedroom condo and its 818 square feet. would you say its big, moderate, or small?? Additional Details this is the floor plan. & no its not a big family ... |
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Is it possible to own your own home on a single income? |
| I don't want to rent forever, or even more than a couple of years. I am finishing study this year and plan on renting next year. However, I would really really like to own my own home. Unless I ... |
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My estate agency will not repair the problems the house im renting? |
please help i am renting a property from an estate agency who promised to fix a few repairs which need doing:
The letter box is broken
The door bell don't work
The tiles in both ... |
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I live in sc and my boyfriend and i have been living together for 2-1/2 years how do i evict him? |
| I live in sc and my boyfriend and i have been living together for 2-1/2 years, his name is not on the lease my name is the only one on the lease, but the landlords were aware he was living there. How ... |
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Real Estate Professionals Please - Hypothetical Situation"? |
| I'm selling my home as a FSBO. A prospective buyer calls to make an appointment to see the house. The buyer states that she is also a broker, and although she is looking to buy the house for ... |
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Does Landlords have the right to come over unannounced at any time? |
Our new landlord comes over any time of the day they want. They had said they would call first, but has only followed through with that one time. Additional Details They aren't ... |
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Buying a house with my boyfriend? |
| My boyfriend and I have been together for over 2.5 years. We both still live at home and I stay at his house everynight. We're very serious about our future together and thinking about buying a ... |
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We just bought our house, old owners said basement doesnt flood, it does. What can we do? Are they liable some |
| we bought this house because the owners said the basement did not flood, we use at as living space, and now it floods and cannot be used.We just bought it a year ago.... |
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Can a housing society refuse us a house because we have no local connections? |
| After being told that we had been recommended by the local council to the housing society for a new house we were elated. However after two days later being told that we had it the folowing day we ... |
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Is my landlord legally permitted to enter my apartment when I am not there? |
| I sent a note with my rent requesting several repairs to be made. I know they need to give me 24 hours notice before entering. I will not be home all day on Wednesday. I was told by the building ... |
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Rent free living? |
| How can someone, on a low income, live alone without paying rent, or paying a 'peppercorn' rent. How many ways can you think of to do this.Can be basic caravan, shed,tent, or palatial I'... |
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Wishmaster | Is It Really Better To Own Your own Home???? |
i'm just curious as to why people think its better to own your own home. I know you can say its yours and you can do whatever you want to make it your home and when you get to be a senior you'll not have to worry about mortgages and things like that but if you rent you have nothing to worry about, say for example your furnace kicks the bucket well if you own you have to cough up the money for a new one but if you rent the landlord has to fork out for it. When you rent any repairs or problems that need to be taken care of are the responsibility of the landlord but if you own then all those responsibilities fall on your shoulders, so why is it better to own a home? Additional Details my husband and i bought a house in 2002 and we went through all the home inspections and things to make sure the home would be suitable well in 2004 our sewage drain collapsed and the foundation on one side of the home fell apart. The house was only $76,500 when we bought it and the cost alone to reapir just the one wall was $30,000 and the cost of the sewage drain was $7,000 and the average house in that neighbourhood only sold for $99,000. We ended up selling our home but we never made any profit we in fact lost money. |
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robert w
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it is a bankers myth.
not ever one should buy homes.
the 'tax deduction' myth is the worst.
80% of home owners do not qualify to use
interest dedcution IRS fact.
would u give some one 10000$ to keep 2500$ from IRS?
why not keep the money, pay taxes, u still have 7500$ in ur pockets.
most folks see P&I and forget about the rest of expenses even as they live hand to foot and paycheck2 paycheck with no savings.
house ownership is not for everyone. |
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Lozy
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Because you are not paying hundreds of pounds a month out to keep someone else in the life of luxury. Rent is almost and in some cases more than a mortgage. You are throwing money away by renting. Owning a house is making an investment in your future |
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Beth
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If comparing the price of rent in comparison to the monthly payment for a mid-range mortgage, owning is much better financially even with the occasional repair that's needed. Eventually, you will have the mortgage paid off (if you are a responsible borrower, that is), and that's a no-brainer. Of course that's better, not having to pay anything! There's also the security that the property can't be bought and sold and terms changed the way it can with rental property.
Also, by investing in property, you may be able to later make a profit on that property. Of course that all hinges on property values going up, which is a chance you take. |
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nita
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my logic is why pay rent. to pay another persons mortgage when you could be paying your own mortgage. if you can afford to pay rent then you could afford your own home and the up keep isn't all that much if you keep everything in good order |
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glenn
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I am a landlord and own several houses. I love that there are people like you that are willing to pay rent year after year because you are worried about commitments. I am willing to replace the furnace, but I will fix it several times before I do that. If you owned it you might decide to replace it long before I would.
I will retire on the money I make from this. You will keep renting. |
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Eartha Q
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I'm wondering if you are renting?
Most people in an apartment know the answer to this question. But let's just start with one..where is your money going every month? In my area, monthly rent is MORE then my mortgage payment! I have income tax deductions also because of the mortage payment, plus the equity (increased value) of my home. After 20 years of paying rent what do you have??? Rent Receipts. |
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Quest
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Home ownership is not for everyone. It is a long term investment. Also a lifestyle if you enjoy puttering on your home. Your rent is all inclusive except for utilities and you retain mobility. 6 months lease and good-bye. Your landlord has to spit and polish and find another tenant. What if that tenant doesn't pay or reeks major damage. Look at the current housing market. How many people over their heads or just plain stuck where they are. More in the 401, IRA, bonds.. |
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Paulus
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I would say in most cases it is better to own. Unfortunately, the people involved with this foreclosure mess don't think so. They were sucked into a black hole of dishonest loan sharks. But if you play by the rules and put the proper amount down on your hose and have a reputable lender, your chances are better that you will eventually succeed. You will be building equity in your home and some day it will appreciate handsomely and pay you back. |
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Dom
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The simple answer
Lets say you make $10,000 a year. Rent is $10,000 for the year. You don't get any deductions and have to pay taxes on the $10,000 of earnings.
You buy and pay $10,000 in mortgages and your mortgage interest is $9,000. You get to deduct that so your Adjusted Gross earnings is $1000. You pay taxes on that $1,000.
So you either rent and pay more taxes because of the lack of deduction for renting or pay less because you get to deduct the interest from the mortgage. |
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Christine
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Property is one of the best investments one can make. |
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The Cat thinks he's GOD
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ABSOLUTELY THE BEST! When you pay rent, you are paying me to make my mortgage payment. I get the tax write offs and you don't! If you buy a house and make your mortgage payment, YOU get to write off the interest paid. So that amount of money is taken off your income. Plus, the house goes up in value, it's an investment. Your rent goes up too and you get nothing but a roof over your head, which is important, but owning a home gives you that too. For example. I have a home in CA that I bought for $389 thousand. It's worth $500 thousand. I could sell it and BUY a place cash her in Utah and rent it out, making that amount of money everymonth. In the meantime, I have a mortgage on that house and paid over $30,000 in interest on the loan, wrote that off on my taxes and I'm getting a big chunk of money back. same thing with my primary residence. I bought it, the value went up and I refianced and paid off my credit cards. Interest is a write off too! If the furance takes a big dump, I have a "home warranty" that I pay a small fee for every year that will replace it. It's a lot cheaper than buying a new one! The responsibilities are worth it. Many landlords won't allow pets. I LOVE animals. I have lots. If I paid rent, I'd be SOL without any pets to make me happy. I have these ugly thorny bushes in the front yard. If I rented, I couldn't rip them out this spring and replace them with bushes better suited to shade that actually BLOOM in the winter. There's a way around all of your fears. Buy a house! No excuses. |
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Darin Alvarez
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How about this reason. Lets say today your rent payment and a mortgage payment for a house with the same # of bed and bathrooms are the same. Now Interest and property taxes in most cases are tax deductible, so that's an average of about $8,000 less of your total income that will be taxable. Now lets look 15 years into the future. Assuming you pay $1000 in rent now, you rent could be as much as $2,500 or more in 15 years, yet if you had a house, your still paying about $1,000(assuming you don't refinance and your homeowners insurance and taxes don't increase, but even if they did your payment wouldn't go up more than a few hundred dollars.) Seems like a good deal to me. |
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