What are the financial benefits of homeownership? Is homeownership the best financial move you can make to solidify your long-term wealth goals? Today I’ll answer these questions and more as I continue the homeownership vs. renting theme I began last week. (If you haven’t already, make sure to check out episode 232!)

Listen to hear about the deductions you don’t want to miss when it comes to mortgage interest and property taxes, as well as the investment value of a home and why capital gains are excluded. If you’re considering buying a home and want to get insight into the financial benefits you can take advantage of, this episode is for you.

What You’ll Learn In Today’s Episode:

  • The upsides to homeownership.
  • What the mortgage interest deduction is and how it works.
  • The different value of shorter vs. longer amortization schedules.
  • What the SALT cap is and how to deduct property taxes.
  • The investment value of your home and what you need to know about capital gains.
  • The value of a home equity line and the financial flexibility it provides.

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