Buying vs Renting a Home | Which One Should You Choose

Buying vs Renting a home! Subscribe: https://bit.ly/2HJlq46 The choice is not always so clear. Buying definitely has some investment benefits but also has hidden costs that could make it not worth it. Renting requires less money but is it wise not to make your home an asset? This video will break down the key financial differences between buying a home and renting a home. Because after all, this is a MAJOR financial decision and you need to the impacts of both on your wealth. OUTLINE: Intro: (0:00) Buying a home advantages: (1:01) Buying a home disadvantages: (3:54) Renting advantages: (7:00) Renting disadvantages: (8:58) Recap of both: (9:40) Nonfinancial considerations: (10:33) Which one do you think is better? Make sure to let me know in the comments! Please be sure to give this video a like and subscribe to our channel so you don't miss out on future videos! Interested in talking with someone from our team? Sign up to get notified when we are accepting new clients here: https://lyfeaccounting.com/coming-soon/ /// Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).

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